Conventional Home Loans for Homes with Acreage
Home Loans for Rural and Residential Living
Whether you’re purchasing a home with acreage, refinancing an existing mortgage, or buying a home in a rural or residential area, AgSouth offers home loan solutions designed to support your goals. Through AgSouth Mortgages, a home loan division of AgSouth Farm Credit, our local lenders understand the unique considerations that come with homes with land while also supporting buyers in town and in growing communities. We'll walk you through your options and help you choose what works best for you situation.
What Is a Conventional Home Loan?
A conventional home loan is a mortgage that is not backed by a government program like USDA or VA. These loans are commonly used for purchasing or refinancing homes and offer flexible terms based on your financial profile, property type, and long-term goals.
What Can AgSouth Home Loans Be Used For?
- Buy or build a home in town or in the country
- Build a home on your lot
- Buy a home with acreage with no limits or penalties on how many acres
- Buy a home with a farm
- Refinance an existing home loan
- Finance vacation or second homes
Home Loan Refinancing Options and Benefits
Refinancing allows you to use the value you’ve built in your home to support your financial goals and improve your overall loan structure.
Common benefits of refinancing include:
- Use your home equity to fund home renovations, property improvements, or upgrades
- Reduce your monthly payment or total interest paid over time
- Simplify finances by combining higher-interest debt into one manageable payment
- Adjust your loan terms to better fit your current financial situation
- Use equity for major expenses like family vacations, education, or other priorities
Your lender can help you evaluate whether refinancing makes sense based on your current loan, home value, and long-term plans.
Conventional Home Loan Rates, Down Payment Options, and Terms
Your lender will help you compare options and determine the best structure for your situation. Rates change daily. Discuss with a lender for the most up to date interest rates. We offer:
- Fixed and adjustable rate options
- A range of terms, including up to 30 year mortgage
- Up to 95% financing for conventional home loans
- Up to 97% financing for qualified first-time homebuyers
- Refinancing options for rural and in-town properties
Other Home Loans Programs Available
AgSouth Mortgages also offers government-backed loan options for qualified borrowers
- USDA Home Loans – Available for eligible rural properties, often with no down payment
- VA Loans – Available to qualified veterans and service members, often with no down payment
Why People Choose AgSouth Mortgages for Home Loans
Our lenders live in the rural communities they serve and are passionate about what they do.
- Local lenders with rural and acreage expertise
- Flexible mortgage options for homes in town or in the country
- Personalized service rooted in long-term relationships and community
What to Expect When Applying for a Home Loan
You’ll work directly with a local home loan lender who understands home loans and rural home property financing. Together, you’ll explore available programs, structure a mortgage that fits your needs, and receive guidance from application through closing and beyond.
Home Loan FAQs
Do you have to be a farmer to get a home loan with AgSouth Mortgages?
No. AgSouth Mortgages can finance non-farmers in town or in country. AgSouth Mortgages is part of the secondary market and a home loan division of AgSouth Farm Credit. Farmers may choose to finance their home loan with Agsouth Farm Credit or AgSouth Mortgages. Farmers should discuss which products are best for their financial situation with their loan officer.
Can I get a home loan for a house with acreage?
Yes. AgSouth offers home loan options for properties with acreage, including homes in rural areas and outside city limits with no penalties on the amount of acreage financed.
Do you only do rural home financing?
AgSouth Mortgages can finance homes in city limits, too.
What home loan options are available for first-time homebuyers?
AgSouth Mortgages offers financing options that may allow up to 97% financing for qualified first-time homebuyers. Your lender can walk you through requirements, documentation, and available programs.
Do you offer USDA or VA loans with 0% down?
Yes. USDA and VA loan options may be available with 0% down for qualified borrowers and eligible properties. Your lender can help determine eligibility and next steps.
Do you have other home loan construction options?
Yes, we can finance home construction in a variety of ways. A lot of our farmers will finance using a home construction loan due to property types or building a home as part of their farming operation.
Browse Articles for Buying a Home
Buying Land to Build a Home: Loan Options and Tips from AgSouth Loan Officers
Buying an Existing Country Home with Acreage: What to Know Before You Buy and How Financing Works
Your Step-by-Step Home Loan Checklist for a Smooth Approval
Talk With a Home Loan Lender
About AgSouth Farm Credit
AgSouth Mortgages is the home loan division of AgSouth Farm Credit. AgSouth Farm Credit is a member-owned agricultural cooperative serving Georgia, North Carolina and South Carolina. We provide land, farm, home, and agribusiness financing.
Disclaimer - Most loans through AgSouth Mortgages do not qualify for patronage. Please ask your lender if you qualify.