Home Builders: Understanding Rural Home Construction Loans

Well-manicured lawn in front of rural home

Home Builders and Contractors, we help you understand our Rural Home Construction Loans for custom-built homes in the country.

*This article is featured in the Home Builders Association of South Carolina Newsletter.

Understanding Rural Home Construction Loans 

In our last article, we discussed the Construction to Permanent (C2P) Builders Package with AgSouth MortgagesThe C2P Builders Package includes everything you need when preparing to work with AgSouth Mortgages on our Construction-to-Permanent Financing product.

In this article, we’re going to give you everything you need to know about our Rural Home Construction Loans.

Rural Home Construction Loans are loans for custom-built homes out in the country. If this describes your customer’s goal, then AgSouth Farm Credit’s Rural Home Construction Loan may be the best option for them. AgSouth can handle the construction loans where the borrower has more than typical acreage of 10 acres or less. Once the home is complete, AgSouth can finance the mortgage under the same roof!

Our Benefits Include:

  • Flexible draw schedules

  • Quick turnarounds on draws

  • Payments can go directly to the builder with the home owner’s approval for an efficient process

  • Up to 85% financing

The AgSouth Farm Credit Difference:

AgSouth has been financing rural homes and properties for over a century, and no one does it better! Our Loan Officers are experts in the field of rural financing.

In addition, we specialize in building relationships with not only the customer, but also the builder to ensure a flawless execution. We make it easy to work with us.  After all, we all want the same thing - to make our customers happy in the end!

Our next article will go over the structure of the draw process with AgSouth.

AgSouth Locations

We serve 34 counties in South Carolina and 59 counties in Georgia. If you have questions about our products and how they benefit you and your clients, our Loan Officers are happy to answer any questions you might have. To speak with a Loan Officer near you, please visit our locations page.

Map of South Carolina and Georgia