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Yell County, Arkansas VA Home Loan Information

Table of Contents


What is the VA Loan Limit?

2021 VA Home Loan Limit: $0 down payment up to $5,000,000* (subject to lender limits) /2 open VA loans at one time $548,250 (Call 877-432-5626 for details).

How to Apply for a VA Home Loan?

This is a quick look at how to apply for a VA home loan in Yell county. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Yell County. If you have any questions, you can call us at VA HLC and we’ll help you get started.

  1. Get your Certificate of Eligibility (COE)
    • Give us a call at (877) 432-5626 and we’ll get your COE for you.
  2. Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
  3. Get pre-approved, to get pre-approved for a loan, you’ll need:
    • Previous two years of W2s
    • Most recent 30 days paystubs or LES (active duty)
    • Most recent 60 days bank statements
    • Landlord and HR/Payroll Department contact info
  4. Find a home
    • We can help you check whether the home is in one of the Yell County flood zones
  5. Get the necessary inspections
    • Termite inspection: required
    • Well or septic inspections needed, if applicable
  6. Get the home appraised
    • We can help you find a VA-Certified appraiser in Yell County and schedule the process
    • Construction loan note: Construction permit/appraisal info
      1. Building permit
      2. Elevation certificate
  7. Lock in your interest rates
    • Pro tip: Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
  8. Close the deal and get packing!
    • You’re ready to go.

What is the Median Home Price?

As of April 31, 2021, the median home value for Yell County is $90,532. In addition, the median household income for residents of the county is $43,923.

How much are the VA Appraisal Fees?

  • Single-Family: $500.
  • Individual Condo: $500.
  • Manufactured Homes: $550.
  • 2-4 Unit Multi-Family: $550.
  • Appraisal Turnaround Times: 10 days.

Do I need Flood Insurance?

  • The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
  • There are some minimal flood hazard areas and regulatory floodways in Yell County, particularly at zones close to water bodies such as Nimrod Lake on the south side and some waterways that run through some towns such as Petit Jean River, Fourche La Fave River, Duch Creek, and Spring Creek. Also, Blue Mountain Lake and its attached streams border the county to the northwest and the Arkansas River that borders to the northwest.

How do I learn about Property Taxes?

  • Sherry Hicks is the Yell County tax assessor. Her office can be reached at 106 Union St, Dardanelle, Arkansas, 72834 and by calling (479) 495-4857.
  • In Arkansas, homeowners may receive a homestead property tax credit of up to $375 per year and must apply for the credit with the county assessor’s office to receive such a benefit.
  • Furthermore, this benefit for homeowners is for those who are the property’s record owner, a buyer under a recorded sales contract, or a person holding a registered life estate in the property. Also, nursing homes or retirement center residents who still own their residence may continue to qualify for the homestead tax credit under certain circumstances.

What is the Population?

  • The county’s population of 21,341 is 41% White, 20% Hispanic, and 2.1% Black.
  • Most county residents are between 18 and 65 years old, with 24% under 18 years old and 18% older than 65.
  • In total, the county has about 7,503 households, with an average of 2.8 people per household.

What are the major cities?

The county has 6 cities or large communities, including Danville and Dardanelle, both serving as the county seats. Other cities or towns making up this county are Belleville, Havana, Ola, and Plainview.

About Yell County

If you are looking for the perfect home in western Arkansas, then look no further than the beautiful area of Yell County. The county is home to some of the area’s most beautiful outdoor areas, including mountains, rivers, lakes, and more. Learn about local history at any of the amazing historical landmarks and structures in Yell County. The county offers an excellent education to all local children and young adults through its great schools and educational resources.

If you are an avid outdoors person, then you will love the many beautiful natural sites in the county. Mount Nebo brings in experienced rock-climbers from all over, featuring amazing lookout points and hiking trails. Mount Nebo State Park offers some of the best views of the local landscape and is home to some of the most beautiful campsites.

See local wildlife, waterfalls, and rock formations at the Ouachita National Forest. The Ouachita National Forest is also home to several waterways, perfect for fishing and swimming. Other scenic outdoor spots in the county include the Outlet Recreation Area and Nimrod Lake.

Visit the many amazing historical landmarks and structures in Yell County, some dating back to the early 1900s. The Dardanelle Commercial Historic District is home to many amazing historic structures, most dating back to the 1800s. The Historic District was added to the National Register of Historic Structures on January 28, 2009.

The Evans-Neuhart House is a beautiful historic home that has been standing in the county since 1915 and was added to the National Register on January 22, 2014. Other historic landmarks in Yell County include the Kimball House, Mountain View Farm, and many more.

Furthermore, there are many educational resources and options available to children of all ages in Yell County. The county is served by four separate school districts, so it is sure to be school convenient to your home. Educational Resources in the county include several library branches and afterschool programs.

Veteran Information

The county is currently home to 1,158 veterans.

  • Perry County is home to one VFW post:
    • Post 3141 Boyce-Woods Post – 118 North Front Street, Dardanelle, Arkansas 72834.
  • County Veteran Assistance Information
    • Yell County Veterans Service Office – P.O. Box 775, Dardanelle, Arkansas 72834.

VA Home Loan Information

  • For more information about VA Home Loans and how to apply, click here.
  • If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.  
  • VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.

VA Approved Condos

Currently, there are no VA-approved condos available in Yell County. Although it is still possible to get a condo through the condo approval process. Just call us at (877) 432-5626 and we will help you through the process.