Hobby Farm Loans in Weatherford, TX
GET YOUR SPOT IN THE COUNTRY
Farm and ranch land loans can provide farmers and ranchers with the financing they need to grow their businesses and succeed in the agricultural industry. Our loans are flexible and meets the needs of the modern day rancher or small family farm.
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RURAL RESIDENTIAL
Great rates and 15 and 30-year loans
Ag-exempt properties allowed but not required
Purchase, refinance and cash out loans
Owner-occupied and second homes
Barndominiums, shed homes and shop homes allowed
5 to 160 Acres (home value only required to be 30% of overall value)
Homes with pasture land and tillable acreage
Schedule F (Farm) income allowed
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HOBBY FARM LOANS
Home and up to 160 acres
Ag-Exempt Properties Permitted
Loans up to $2 million and Schedule F (Farm) income
Purchase, rate/term and cash out refinances
Consolidate land and construction loans in to permanent mortgage loan
Primary homes or second homes
No investment properties
Land value can exceed 30% of appraised value (other lenders don’t allow this).
Home value only requires to be 25% of value (lower allowed on a case-by-case basis)
Multiple parcels allowed and parcels within reasonable proximity of each other (combine properties)
Farming and farm income allowed, if not sole income
Horse facility with indoor/outdoor arena and no limitation on horse stables
50 heads of livestock or less are acceptable
Shed homes, Barndominium with typical living quarters, log homes and multiple homes allowed on property
Fixed 15 and 30-year terms