We offer competitive fixed-, interim-fixed, variable- or adjustable-rate loans on new land purchases or refinanced land loans. If your financial needs change, you can convert a variable-rate loan to a fixed-rate loan. Fees may apply.

To find out more about interest rates, apply online through FCSAmerica.com. It takes about 10 minutes to complete – and you will receive a response within three business hours.

We offer flexible terms, including long-term options. Financing can be fixed to the maturity of the loan, intermediate fixed term or variable, either through the entirety of the loan or locked at a time of your choosing. All loans have the flexibility to mirror payments with income flow, ranging from monthly to annually.

You can choose monthly, quarterly, semiannual or annual payment schedules to meet your cash flow expectations. We also offer fully or partially amortized loans, and decreasing, even or accelerated payment schedules.

On new purchases, down payments of 35% are typical on many land loans. The amount of the down payment is impacted by many factors and is specific to each credit request.

Deposits or earnest money can vary based on seller requirements. In some instances, all or a portion of the down money may be non-refundable. Contact the seller, auctioneer or real estate agent for details.

We have competitive loan fees, including no application fee.** We also offer loans without prepayment penalties after the first year.

Fees associated with real estate often include title work, appraisal, abstracts, filing/recording, flood determination and others. Fees are the responsibility of the buyer unless otherwise outlined or negotiated.

**Does not apply to farm construction loans or Rural 1st loans.

Real estate financing decisions are made on a mix of information which may include a credit bureau report and one or more years of a statement of financial position (balance sheet), income statement (tax return) and/or projection.

If you apply online through FCSAmerica.com, you’ll enter information about the land you want to purchase, the type of loan you desire and the applicant’s assets, liabilities and income.

We offer quick decisions on loan applications. If you apply online through FCSAmerica.com, we provide a response within three business hours. The online application takes about 10 minutes to complete.

FCSAmerica.com allows you to apply online for a land loan using a secure, simple process so you can move quickly on a land sale.  Apply when it is convenient for you and receive a response in three business hours.

Land loans are still closed and serviced by your local FCSAmerica office.

Once all required financial and application information is gathered, we can typically process approvals in 7-10 business days. Financing decisions are based upon multiple factors, all of which impact some portion of the resulting time frame. Call FCSAmerica at 800-884-FARM with questions or to discuss further.

Most buyers wait until they receive the details of their approval from our lending team before finishing a purchase agreement with the seller. 

If any of the specifics of your credit application changes, we’ll need to re-evaluate the approval to reflect those new details.

Property closing guidelines are most often outlined within the terms of the sale. Closing can occur as quickly as 10-15 days and go out as long as 45-60+ days after an offer is accepted. Consult the seller or seller agent to discuss closing terms and time frame.

The FCSAmerica loan payment calculator is a great tool to help you understand how much you’ll be paying for the land. You can calculate payments based on the principal amount, interest rate and term of the loan. Factor in your local real estate tax rates and you’ll have a realistic idea of the cost of owning the land.

Choose a lender who is knowledgeable and experienced in financing agricultural land. An experienced rural lender can offer advice on agricultural-use tax exemptions, environmental factors and insurance sources that an urban or out-of-state lender might not. Our experienced land loan experts will work with you to determine the best loan for your farm or ranch.

Loans subject to eligibility and credit approval. Terms apply, see fcsamerica.com/terms for details.

Rural 1^st 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.

Rural 1^st offers financing for purchasing or refinancing your home with a variety of fixed- and adjustable-rate options – like adjustable-rate loans that offer the security of a longer fixed-rate period, along with a lower interest rate.

Rural 1^st can lend on homes and properties in rural areas. Both the acreage and improvements (homes and barns on the property) are valued. You can also choose the down payment option that fits. Many lenders require a large down payment to avoid Personal Mortgage Insurance (PMI), but at Rural 1^st you can put down less with no PMI.

Yes. At Rural 1^st you can go from construction to permanent financing with with a one-time close 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 1^st 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 1^st you can take up to a full year to complete your project – allowing time for weather and schedule delays.

 ****Subject to restrictions.

Rural 1^st lends on land with a minimum of 5 acres and up, including open land, timbered or a combination of both. So, you’ll have plenty of room to experience the great outdoors.

Rural 1^st 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 1^st 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 1^st 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.

Rural 1^st offers a streamlined process and 24/7 personal service every step of the way. Apply online or contact a Consumer Lending Officer at 1.844.GO.RURAL.

Rural 1st® is the 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 ID 407249. Rural 1st is also available to consumers within the territories of participating Farm Credit System Associations, including Farm Credit Services of America (NMLS ID #579135) and Frontier Farm Credit (NMLS ID #628123). All loans subject to credit approval and eligibility.

Equal Housing Lender

Agriculture and rural financing is all we do. Along with our attractive rates, unusually flexible terms and cash-back dividends, our financial and lending officers have an unsurpassed expertise and understanding of the unique aspects of rural property financing.

When you finance with Farm Credit Services of America, you become a customer-owner. Along with having a voice in what we do, our customer-owners are eligible to receive cash-back dividends, a unique opportunity to share in net earnings. The more eligible business you have with us, the more you can benefit from our patronage program.

A significant annual benefit, customer-owners have been paid more than $1.7 billion in cash-back dividends since 2004.*

*Cash-back dividends are based on eligible loan volume and Association financial results.  Prior distributions should not be interpreted as guarantees of future performance.