The USDA Rural Development Loans are geared towards helping lower income people buy houses in rural communities.  The only town that doesn't qualify for this loan in Yamhill County is McMinnville. 

This home in Sheridan, Oregon qualifies for the rural development loan.  This is only one of many homes that could qualify in the area.  To learn about more area homes, contact me.

It is 1290 square feet with 3 bedrooms an 1 bath.  It sits on almost 1/4 of an acre on the Yamhill River.  It has many amenities including an oversized garage and brand new stainless steel appliances.  A great deal at $139,900! 

With a rural develoment loan at a rate of 5.25% your payment would be approximately $913/month.  This home also requires flood insurance, which is estimated at $70/month.  (Loans are subject to buyer/property qualification.  Rates/fees are subject to change)  I work with some terrific mortgage lenders who can let you know if you qualify.