If you are interested in learning about all first-time home buyer programs that are currently available in Lake County, OH, please visit programs section and provide your name and a valid email address. Make sure to check your email as thats where we will be sending information regarding the latest loan programs and qualification requirements for first home buyers living in Lake County, OH.
United States Department of Agriculture (USDA) started offering loans for the development of rural and suburban areas. USDA loans are no money down payment home loan programs that a lot of home buyers do not realize that they can qualify for. To be eligible for the USDA loan program the property must be in an USDA approved zone. Good news is that there are 145 homes for sale within an USDA eligible zone in Lake County, OH. You can go see these properties with a local agent and we can help you with appointment and also get you pre-approved for USDA loan in the mean time. DIY: to explore more eligible zones in Lake County, OH please check USDA loan maps of Lake County, OH and get a visual idea of zoning in and around Lake County, OH that are marked as eligible for USDA program.
See available 'for sale homes' in your area with a local Real Estate Agent.
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Below are recently generated USDA maps from locations within Lake County, OH. This will help you in locating zones that are eligible for USDA home loans.
To generate USDA map for any other property use eligibility checker.
Note: All the non peach areas in the map are eligible for a USDA home loan.
Current USDA turn times in Lake County, OH is 5-7 days.
USDA income limits depends upon the size of the family. For family with 1-4 members current income limits in Lake County, OH $90,300/- whereas for a family with 5-8 members income limits go upto $119,200/-.
Loan closing is relative to you sending your purchase contract. From the time when we recieve purchase contact it may take approx 5-6 weeks to close a loan in Lake County, OH.
The median price of a single family home in Lake County, OH is $292,991/- having a covered area of 1,842sqft. On an average it costs about 159/sqft of living space which is 3% cheaper than the state average of 164/sqft. Homes in Lake County, OH are about 9% cheaper than other areas in the state.
Currently there are 688 single family homes for sale in Lake County, OH, of these 145 are in an USDA approved area.
USDA eligible homes in Lake County, OH come at an average price of approxiately $404,978/- and have a covered area of 2,395sqft. Homes in USDA approved zone in Lake County, OH are about 38% costlier compared to the homes in the local market. On the state average USDA homes in Lake County, OH are about 16% costlier compared to other eligible zones.
Property summary last updated : 26 June, 2022, 10:53:30