Part-time Farm

Agri-One Financial has loans available to finance your part-time farm property. If you own or are purchasing a part-time or hobby farm we have the product for you. Long-term fixed and adjustable rate products are available. Manufactured housing (doublewide or larger on a permanent foundation) financing is also available. We offer competitive rates and a variety of loan products to meet your financing needs.


  • Single-family, owner-occupied, detached primary residence or second home located on the property
  • Loan to Value up to 85% with a maximum loan amount of $3.0 million
  • Typical contributory value of the dwelling should represent a minimum of 30% of the appraised value if a primary residence and 50% if second home or rental/investment property
  • No acreage limitation
  • Income from the property may be used to qualify
  • Property must have agricultural potential and borrower must have intent to do something ag in nature. If refinancing a second home, rental property, or investment property the property must be currently farmed
  • Must have 15% down payment for loan amounts up to 500,000 for a primary residence
  • Must have 25% down payment for loan amounts up to 500,000 for a second home, rental property, and investment properties. Terms are limited to 20 years


  • Two years established employment and/or stable income
  • Acceptable 24-month credit history with a minimum credit score of 620 and no mortgage lates in the past 12 months
  • Minimum net worth of $50,000
  • Monthly Housing to Gross Income Ratio of 28% or less
  • Monthly Debt to Gross Income ratio of 36% or less
  • Minimum cash reserves equal to two months PITI


  • Fixed Rates: 10-year, 15-year, 20-year and 25-year fixed rate loans
  • Adjustable Rates: 1-year, 3/1, 5/1, and 7/1adjustable rate with 5-year to 25-year term
  • Adjustable Rates: 10/1 and 15/1 adjustable rate with 15-year and 25-year term

For More Information Contact:

Agri-One Financial