USDA Loan Prairieville, Louisiana
Our expert Prairieville USDA Home Loan agents are waiting to help you choose your new home!
Prairieville name comes from the once plentiful pastures and prairies that were visible from Highway 73 (Jefferson Hwy.) and Airline Highway which is now covered with development. Prairieville started off as a quiet community with few people. In recent decades, Prairieville has benefited from immigration out of Baton Rouge, with new residents particularly drawn to the area by its high-performing public schools and low crime rate. Prairieville is located close to the center of Louisiana. Prairieville is part of Ascension County. On average, the public school district that covers Prairieville is much better than the state average in quality. (http://www.usa.com/prairieville-la.htm)
The most notable local property was the Phillips Farm. The farmhouse is still a local landmark in Prairieville, although the original owner died in 2005. The house is lined with live oaks and a white planked fence surrounds the grounds. The pasture was sold in 1992 at the start of the suburban development and a 250-resident subdivision named "Seven Oaks" surrounds the farm where the pastures were.
Following of Dr. Carey A. Phillips death IN 2006, the farmhouse was sold at auction , the 40-acre tract of land (including the house) has been made into a cemetery now called Oak Lane Memorial Park.
Prairieville and surrounding areas provide you and your family with several activities. For Example:
- The Jump n Jive offers great fun and a good cardiovascular workout too with giant inflatable entertainments including obstacle courses, huge slides, classic bounce houses and more. There are two play arenas with the same equipment to help spread the traffic of kids and ensure safety for all.
- Blue Bayou and Dixie Landin Located on 80 acres at I-10 and Highland Road in Baton Rouge, LA right next to Blue Bayou Water Park, Dixie Landin is an Amusement Park designed for the entire family! Dixie Landin contains 26 rides, 10 games and much, much more.
- The Celebration Station at Baton Rouge offers a range of family entertainments suited to all ages form toddlers upwards. Options include mini golf, batting cages and go karts, plus an extensive indoor gaming area. There are also several rides and amusements suited to young kids including a small roller coaster and a train.
USDA Rural Development loans (also known as RD loans) are loans that offer the mortgage to be up to the appraised value of a property. This can allow cost to be rolled into the loan, preventing additional cost out of pocket.
A USDA Loan Prairieville Rural Development loan gives the buyer a chance to purchase a home with very limited funds or even zero out of pocket cost. Monthly loan does not charge mortgage insurance fee, which keeps the monthly required payments lower.
USDA Rural Development loans were created to improve the economy and quality of life in rural area.
The property must be in an eligible area. Each state has specific restricted areas that are broken down by counties. To protect the buyer there are inspection requirements the property must meet. The income limits are based on the current median income levels in the area. Rural Development loans were created to help low to moderate income borrowers. There are different income limits based on number of individuals living in household and obligated expenses may be deducted. USDA Loan Prairieville loan must meet credit and debt to income requirements.
To find out more about home financing opportunities with USDA Rural Development, contact one of our expert Prairieville USDA Home Loan agents