Lone Star Ag Credit offers the rural homeowner long-term financing at competitive rates.

Loans are available for:

• Country home purchase
• Refinancing a country home
• Construction of country homes

Key Criteria for Eligible Rural Home Loans

• 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
• Maximum loan-to-value ratio is 95% (restrictions apply)
• Secured by first lien
• Private Mortgage Insurance required on loans with loan value greater than 80%

Key Criteria for Eligible Part-Time Farm/Rural Home Loans

• Must be capable of agricultural production
• 5-acre minimum of $5,000 in gross farm income
• No limit on dwelling value
• Multiple dwellings allowed
• Single-family detached/owner-occupied/primary or secondary home
• Purchase/Limited Cash Out Refinances available for up to 85% loan-to-appraised value ratio.

There are many advantages to this program. Please contact your local office for further details.