If you plan to buy or build a home in the country, Alabama Ag Credit can help.  We finance rural home construction and the purchase of existing country homes and home sites. In fact, rural home financing is one of our specialties.

Country Home Purchase

From old antebellum homes to brand-new houses, Alabama Ag Credit finances existing country homes of all vintages.

Rates and Terms

  • Property must be located outside city limits or within a town of 2,500 or less population
  • Contributory value of dwelling should be at least 50% of total appraised value
  • Single-family, owner-occupied home
Apply for a Loan

Rural Home Construction

Alabama Ag Credit can finance the construction of your country home and then roll that loan into permanent financing with one simple loan package. We extend the financing needed to build the house, and when the construction is complete, you'll have the permanent loan you need. This approach saves you extra fees and refinancing costs.

Rates and Terms

  • No escrow requirements
  • No requirement for costly Private Mortgage Insurance (PMI)
  • You don't have to be a farmer to qualify.
  • Quick approval and loan closings, affordable payments
  • Financing for log home kits or modular homes

Rural Home Site

If you're thinking about purchasing land in the country where you can build a home, talk to Alabama Ag Credit. We understand the features that make country living properties unique from those in the city. Whether you are purchasing a lot or a mini-farm, we have a financial program that will meet your needs. What’s more, we can provide a construction loan following by permanent financing with a one-time close when you're ready to build.

Rates and Terms

  • Buy now and build later — there is no deadline for building the house.
  • Terms up to 15 years
  • Quick approval and loan closings
  • No prepayment penalties on most loans
  • Fixed or variable rates
Home Loans