| Published: January 16, 2021

Loan for Buying Land and Building a Home

The thought of building a home can seem overwhelming – finding the right neighborhood, the perfect floorplan, and a builder you can trust takes time. But in the end, once the paint dries and the keys are handed over, you have the home of your dreams, built to suite you and your family’s needs – a place where you can gather, grow, and make memories.

There’s really nothing better than that.

The last thing you should have to worry about once you decide to take that leap into home-building is your lender. We get it – you have cabinets and flooring to pick out. Let us take the stress out of the money part! Our newly revamped Construction-to-Perm Program does just that. Here’s how:

  • Financing up to 95%
  • Single family, owner-occupied, primary residences
  • Construction period of 12 months
  • One-time close for both the land and the construction, saving you time and money (both precious when building your dream)

To top it off, if interest rates drop during construction, you have the option to float down at modification, potentially helping you save even more money. Not a bad deal, right?

So, now you’re probably thinking, “What does Farm Credit know about building a home?” Surprisingly, more than you think! Our team of mortgage professionals has years of experience working with construction projects – we know the process from start to finish, and have seen it all when it comes to unexpected twists and turns. We’ll be there with you every step of the way!

Whether you’re ready to dive right in or need to talk it through a little more before you commit, give us a call at 888.339.3334. We’re happy to answer all of your questions. If construction isn’t the right move for you, we have many other financing options to help you get into the home that’s right for you.

Let’s make that dream of yours a reality.

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