Members love Farm Credit construction loans because they wrap the construction loan and final permanent mortgage into one easy closing - saving you time and money! At Farm Credit, you can also lock in a single, long-term fixed interest rate for both your home and land – all in one mortgage!
Who qualifies:
Rural Residents - Home located in a town with less than 2,500 in population, a rural subdivision, or on less than five acres, with no ability to generate $500 gross farm income.
Farmers - Gross farm income of $500 or enough land to produce $500 in farm income annually.
Program Benefits:
Home construction loans remain in-house. We never sell loans to the secondary market. This means you'll always do business with your local Farm Credit office.
We also offer financing with SunTrust. Contact us for more information!
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