Rural-Agricultural Loans

Looking to buy a farm or ranch?

Whether you want to purchase a rural home, farmhouse or commercial farm, ranch, vineyard, orchard, or more, can help.

Key Criteria for Rural Loans:

  • Single-family, owner-occupied, detached primary residence located on the property.
  • Must be located in a rural area or municipality with a population of 2,500 or less.
  • Maximum loan-to-value of 97% with a maximum loan amount of $417,000.
  • Dwelling value may not exceed $269,807.
  • Private mortgage insurance required with loan-to-value greater than 80%.
  • Typical contributory value of the dwelling should represent a minimum of 35% of the loan amount.
  • Minimal farm income generated from the property allowed (no more than 25% of gross income). However, no farm income is required.
  • As-is value of the outbuildings must not exceed 20% of the appraised value.
  • Acreage must be typical as supported by comps and property must be residential in nature.

Key Criteria for Agricultural Loans:

  • Max loan amount up to $30 million.
  • Five-acre minimum, with no maximum acreage.
  • Minimum credit score of 680.
  • Monthly, semi-annual, or annual payments.
  • 7-, 10-, 15-, 20-, and 30-year terms available.
  • Executive Estates are eligible.
  • Maximum loan-to-value ratios:
  • 70% for loans up to and including $5 million.
  • 60% for loans greater than $5 million.

For more information about rural-agricultural loans, including complete eligibility requirements, contact us today.