Thinking about purchasing land in the country for recreational purposes such as hunting or fishing, or to build your dream home? Farm Credit Mid-America understands the features that make rural properties unique from those in the city. We can help you determine which of our affordable land loan options will work best for you.
With Farm Credit:
- Must have the intent to build within 5 years. In most cases, you can finance the land for up to 20 years, thereby easing repayment.
- When you are ready to build, we can provide a construction loan that can be converted into a permanent mortgage loan for one simple loan package with no add-ons.
- Choose from a competitively priced fixed, adjustable or convertible rate.
Loan Conversion Program
When interest rates or circumstances change, you can convert existing loans to a lower rate
Please call your local office for eligibility requirements