Now more than ever, people are beginning to see the benefits of rural living in a new light. Sure, owning property in the country can bring you peace and quiet. But it can also enable you to produce your own food, and that’s a fact that’s becoming increasingly relevant.
Regardless of why you want to buy rural property, there are several loans and grants that can assist you financially. This article will highlight eight of those rural mortgage loans and grants and how they can work for your benefit.
Rural Mortgage Loans and Other Notable Rural Housing Loans and Grants
As experts in farm financing, we make it our business to stay up-to-date regarding the best loan and grant programs. These can be leveraged by aspiring homeowners to purchase, renovate, or expand upon their dream rural properties.
After doing the research, here are the eight most notable rural mortgage loans and grants to be aware of:
- United States Department of Agriculture (USDA) Single Family Housing Guaranteed Loan Program (Rural Mortgage Loan)
- USDA Single Family Housing Direct Home Loans
- FSA Farm Loans
- USDA Mutual Self-Help Housing Technical Assistance Grants
- USDA Housing Preservation Grants
- USDA Rural Development Multi-Family Housing Programs
- FSA Beginning Farmers and Ranchers Loans
- USDA Single Family Housing Repair Loans & Grants
How to Find the Right Rural Mortgage Loan or Grant
No two rural mortgage loans or grants are created equal. Each one will come with its own qualification requirements, repayment terms, and time limitations. The process of choosing a mortgage loan or grant can be dizzying, but you don’t need to navigate it alone.
The key to finding the perfect financing option is to work with a lender who will understand your property needs. It’s important to partner with an organization that will take the time to find you a truly personalized loan option.
This is oftentimes easier said than done. But thankfully, you have MSF Agriculture working in your corner. We’ll work with you closely to find the particular loans or grants that will be optimally beneficial for you. We’ve also simplified the loan application process, which means that you’ll have less to worry about.
Apply for a Rural Mortgage Loan or Grant Today
Ready to find the loan or grant option that will allow you to purchase the rural property of your dreams? Contact MSF Agriculture today and we’ll help you to get started off on the right foot!