Rural 1st® Home Loans

Rural 1st® offers specialized financing for country living.

When clients want to buy or build a home in the country, make sure they talk to Rural 1st®.

Farm Credit Services of America is proud to offer home lending through Rural 1st®. Your clients can get financing for any type of move in the country – from existing country homes and acreages, to buying land and constructing a home, to expanding, adding outbuildings and making improvements over time. Rural 1st is here to help for the long haul.

rural-1st-logo

Why Finance With Rural 1st®

options-icon
Unique Lending Options

Your clients get custom financing to meet the specific needs of their rural property purchase or construction project.

rural-expertise
Rural Expertise

Rural 1st has the experience and focus on rural lending to offer loans and financing packages tailored to your clients' specific needs.

loan-process
Streamlined Loan Process

Rural 1st offers a digital, customer-driven application process with responsive service to help you close deals faster.

Rural 1st® is a tradename and Rural 1st, the Rolling Hills Window icon, Rural Logic, and Closer to What Matters are exclusive trademarks of Farm Credit Mid-America, NMLS 407249. Rural 1st products are available to consumers within the territories of participating Farm Credit System Associations, including Farm Credit Services of America (NMLS ID #579135)

Home Loan Payment Calculator

This is an estimate of payments for various loan types including home loans, construction loans, lot loans, recreational land loans and home equity loans. 

Country Financing Options

home-loans
Home Loans

Clients can purchase or refinance a country home with a variety of fixed- and adjustable-rate options. They can choose the down payment that fits their needs.

construction-loan
Construction Loans

Rural 1st offers construction to permanent financing with one simple loan package – refinancing is not required when the project is complete.

home-equity-loans
Home Equity Loans

When your clients are ready to buy more land, build a barn or outbuilding or make property improvements, Rural 1st can help.

land-loans
Recreational Land Loans

Buying land for recreational purposes like hunting or fishing doesn’t have to be a dream for your clients. Rural 1st has lending solutions to make it a reality.

lot-loans
Lot Loans

Clients can get a fixed- or adjustable-rate loan on bare land and choose the term and down payment that’s right for them.

Farm Credit Services of America customer

Ag-friendly Land Loans

Finance or refinance farmland, pasture or acreages with long-term fixed rates and flexible payment structures built for agriculture. Work with a local financial officer or apply online. 

Living Rural Podcast

Our Rural 1st experts explore topics related to buying, building and financing homes in rural areas. Our consumer lending team understands agriculture and the unique lending needs of self-employed borrowers.

Rebuilding with Rural 1st: Customer Recounts Recovery after Home Fire

In this episode of Living Rural, Michelle Sandin talks to Shawn Robinson about his family's construction process following a 2022 house fire. Patience is important, so is a good contractor and quick, easy financing.

Home Loan FAQs

Farm Credit Services of America is proud to offer home lending through Rural 1st. Rural 1st can finance every phase of your move to country living – from buying land and constructing your home, to expanding, adding outbuildings and making improvements over time. Rural 1st offers home loans, lot loans, recreational land loans, construction loans and home equity loans.

Rural 1st provides custom financing for rural property purchases and construction projects and has the experience and focus on rural lending to offer loans and financing packages tailored to your specific needs. With highly skilled team members and efficient systems, you can expect a streamlined loan process.

Yes. At Rural 1st, you can go from construction to permanent financing with one simple loan package – refinancing is not required when the project is complete. The land you’re building on rather than only the dwelling value can be used as equity for your down payment**, so you can maximize the amount of your financing. And during the construction process you have the option to lock in your loan with variable- to adjustable- or fixed-rate financing.***

**Subject to review and approval. All loans are subject to credit approval and eligibility.
***There is a $500 fee for a one-time close conversion to permanent fixed rate financing.

Yes. Choosing a contractor is your decision, and Rural 1st will work with your choice. If you have experience and well-documented plans, you can even be your own self-contractor.****

And you can take up to one year to complete your project. Many lenders require you to finish building within a six-month window. At Rural 1st you can take up to a full year to complete your project – allowing time for weather and schedule delays.

****Subject to restrictions.

Rural 1st lends on bare land for recreational purposes with a minimum of 10 acres that includes at least five acres of cleared land or 20 acres of wooded land.

Rural 1st offers the security of a fully fixed-rate loan, as well as adjustable-rate options to choose from. Loans are truly amortized with no balloon payments, and you can choose the term and down payment that are right for you.

When you’re ready to buy more land, build a barn or outbuilding or make home improvements, Rural 1st can help with a home equity loan. We make the process as simple as possible. Once your loan has closed, it’s easy to access your funds with convenient drafts and online transfers.

Rural 1st offer flexible payment options, so you can make interest-only payments or principal and interest payments any time – without pre-payment penalties or fees. And as you repay your loan balance, your credit line is replenished, so you can keep using it for additional expenses.

Ready to Get Started

Contact us if you have questions or need  more information.