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There are 3,619 USDA backed residential loans in Vermont with an average loan balance of $145,384. Over 86% of the loans went to help first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $149,911. On average the rural home size purchased with this loan was approximately 1,347 square feet.
The size of Vermont is roughly 24,906 square kilometers. USDA defined regions of rural loan ineligibility in Vermont cover 109 square kilometers of the state. See the interactive geographic illustration below for more details. A mere 0.44% of the state is ineligible for traditional USDA home loans.
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A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find Search for USDA Eligible Properties throughout the state of Vermont.
Vermont was admitted into the United States on March 4th, 1791 where the state capitol today resides in Montpelier.
The official Vermont motto is “Freedom and Unity.” This motto was adopted by the State of Vermont in 1777, when it declared its independence from the British Empire. The motto was chosen to represent the ideals of freedom and unity among the people of Vermont, and it has been used ever since. The motto is a reminder that, even though the people of Vermont are diverse, they are united in their commitment to freedom and justice.
Vermont State OfficeFeatured Properties from USDA Loan Eligible Regions of Vermont
87 State Street, Suite 324
P.O. Box 249 Montpelier, VT 05601