Finance or refinance any type of property
We can lend on homes and properties in rural areas.* And we value both the acreage and improvements, like the home and barns on the property.
Choose the down payment option that fits
Many lenders require a large down payment to avoid personal mortgage insurance (PMI). At Rural 1st, you can put down less with no PMI.**
*Provided that eligibility requirements are met. All loans are subject to credit approval and eligibility. **A $200,000 loan would require a 15% down payment with a monthly principal and interest payment of $1,432.82 for 360 months based on 7.99% annual percentage rate (APR). Assumes $4,500 in closing costs. Monthly payments do not include amounts for taxes and insurance premiums so the actual monthly payment will be greater if an escrow account is established. Available rates and terms including the APR are subject to change without notice. The APR is based on the best available interest rate as of 11/04/2022.