This article is part 1 of our “Buying Land” series.
Rural 1st was founded to secure the future of rural communities. We help people finance the country living they’ve dreamed about. We’re the leader in rural lending for a reason—we don’t just loan rural, we live rural.
That’s how we know your area and provide you with on-the-ground expertise. We offer tailored lending solutions for lot, land, construction, and home loans based on our deep understanding of rural financing and customer needs. Rural 1st helps those seeking open spaces get Closer to What Matters®.
As the leader in rural lending, we understand what it means to find that piece of land that’s perfect for you. We get it, we live out here too and enjoy the land just as much as you do. From riding ATVs around the woods with your buddies to reeling in that record-breaking smallmouth, we know what gets the blood pumping. And you’ll find working with an experienced lending professional who understands rural property and knows the area can be invaluable in finding land that’s just right.
In addition to financing bare land, we also finance lots for future construction. Our lending experience and rural focus allows us to offer long-term fixed rate financing as well as adjustable-rate options tailored to your specific needs.
Benefits of a Rural 1st land loan:
Lower Rates for Less
Rural 1st offers a loan conversion* program, giving you the opportunity to reduce your rate annually without the hassle or cost of a refinance. This can save you thousands of dollars over the life of your loan, without extending your maturity date. You could also shorten your loan term by lowering your rate but keeping your payment the same.
Get the full value of your land
We acknowledge not only the acreage, but any outbuildings and other site improvements to help you qualify for the maximum loan amount.
Choose the term and down payment options that fit
Our loans are truly amortized with no balloon payments, and you can choose the term and down payment that are right for you. You can also stretch out the term of your loan over a longer period.
With You Throughout Your Journey
Unlike many lenders, we pride ourselves in servicing your loan from the first payment to the last.
Buy Now, Build Later
Our experts can help you finance your future plans. If you’re planning to build on your land, we can advise you how to roll your lot loan into a construction loan.
Whether you’re looking for open space, a slower pace, or deeper community ties, you’ll find it in rural America and you’ll find it with Rural 1st.
Not only do we help you secure the financing for your next property, we help you achieve your dream of country living.
Rural 1st has the lending expertise and rural focus needed to offer land financing packages tailored to your specific needs. That’s why we’ve developed this helpful video series for people wanting to purchase their perfect piece of land.
Continue watching this video series to learn more about the land loan process. Or if you would like to get started, reach out to us today.
*Conversion has a one-time fee of $750. Terms and conditions may apply. The fee is subject to change without notice.
