Land Loans - Oklahoma Ag Credit
Land Loans
Competitive Interest Rates and Flexible Terms
Farm & Ranch Loans
- Purchase, improve or refinance rural land.
- Farm or ranch land
- Recreational or investment property
- Refinance an existing mortgage to a lower rate
- Make lasting improvements to your property
- Options you want
- Rate Choices
- Fixed rates with long-term maturities that have consistent payments help manage risk and cash flow. Terms up to 30 years.
- Variable and adjustable rates adjust at monthly or yearly intervals. Convert your loan to a fixed rate with minimal cost and time. 1- to 15-year terms.
- Flexible payments
- Monthly, quarterly, semi-annual and annual payment terms
Finance Country Living with Rural 1st®
Our Home Lending Products Make it Easy
Oklahoma AgCredit wants to help you get closer to what matters most. A home loan from our partner, Rural 1st®, makes it easy to purchase, build, or refinance your country home. We offer a variety of fixed- or adjustable-rate options.
Our loan officers are experienced in rural lending, so they can help you navigate the entire journey. Let us help you get closer to what truly matters with a home loan from Rural 1st®.
Finance or Refinance Any Type of Home Loan
We can lend on homes and properties in rural areas.* We value both the acreage and improvements, like the home and barns on the property.
Choose the Down Payment Option That Fits
Many lenders require a large down payment to avoid private mortgage insurance (PMI). Working with Oklahoma AgCredit and Rural 1st®, you can put down less with no PMI.**
We Offer
- Purchase loans
- Construction loans
- Refinance loans
- Home equity loans
- Metal home loans
- Barndominium loans
- Financing outside or inside rural city limits (population size restrictions apply)
AdvantagesCompetitive rates
Reasonable fees
Flexible rates and terms
Learn More or Get Started
Contact your local branch, visit Rural 1st® or email our Rural 1st® Team.
Oklahoma AgCredit, ACA (NMLS 809962) is in compliance with the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act). Part of our compliance activities includes registering Mortgage Loan Originators (MLO) with the National Mortgage Loan System's registry (Registry). NOTICE TO APPLICANTS FOR RESIDENTIAL LOANS. *Provided that eligibility requirements are met. All loans are subject to credit approval and eligibility. **A $200,000 loan would require a 15% down payment with a monthly principal and interest payment of $1192.68 for 360 months based on 6.16% annual percentage rate (APR). Assumes $4,500 in closing costs. Monthly payments do not include amounts for taxes and insurance premiums. The actual monthly payment will be greater if an escrow account is established. Available rates and terms including the APR are subject to change without notice. The APR is based on the best available interest rate as of 05/02/2022. Rural 1st® is a tradename and Rural 1st®, the Rolling Hills Window icon, Rural Logic, and Closer to What Matters are exclusive trademarks of Farm Credit Mid-America, NMLS 407249. Rural 1st® products are available to consumers within the territories of participating Farm Credit System Associations. Equal Housing Lender.
Recreational Land
Specializing in both agriculture and rural real estate, we can help you buy that dream property, even if you don’t plan on using it for production agriculture. That is what makes us the leading experts in all things rural Oklahoma.
Young, Beginning and Small Farmers Loans
Oklahoma AgCredit has over 100-years of experience in agriculture. We can help young, beginning and small farmers or ranchers (YBS) build a sound and viable business operation by providing you with reliable, consistent credit. Our YBS Program has more flexible standards to help you get capital you need to grow your operation while you strengthen your financial status.
Our YBS Program is for you if any of the following describes you:
- 35-years-old or younger as of the date the loan is originally made
- Experience of 10 years or less as of the date the loan is originally made
- Generate less than $350,000 in annual gross cash farm income of agricultural or aquatic products
We are committed to supporting YBS farmers, ranchers producers or aquatic harvesters to either begin, grow or remain in agricultural production. Helping facilitate the transfer of agriculture operations from one generation to the next is critical for Oklahoma’s future in agriculture.
Terms apply. See lender for details.
We Play Well With Others
Oklahoma AgCredit can coordinate with other lenders to help you get the best deal. We can work with other lenders, government agencies, and co-signers to develop joint financing.
We often partner with USDA’s Farm Service Agency on loan programs, including:
- Beginning Farmer Down Payment Farm Ownership Program (Local FSA office)
- Direct Farm Ownership Program—Participation Loan Program (Local FSA office)
- Guaranteed Operating/ITL (OKAC designated Agent)
- Guaranteed Farm Ownership Programs (OKAC designated Agent)
Military Loan Program
We appreciate the dedication of our nation’s military personnel. Our Military Loan Program supports Veterans and active duty members of any U.S. Military branch who want to begin, grow or remain in agricultural production.
To apply, you will need to provide verification of your service.
There are a variety of programs available to assist borrowers within the military community. Oklahoma AgCredit is committed to coordinating with other lenders, government agencies and other entities to train, educate and to provide financing for borrowers who have served in the military.
Appraisal Services
Experts in rural markets, Oklahoma AgCredit’s Appraisal Team is here to help when you need a professional appraisal done in a timely and cost-effective manner.
Covering all 77 counties of the state, our appraisers are located across our territory. This brings knowledge of the local market; our appraisers understand values in your area.
When you need an appraisal for on rural property, ranging from cropland, part-time farms, ranches, to country homes, we can help. Our staff can appraise agribusiness and livestock operations, too.
Appraisal services offered for:
- Estate or Inheritance Tax Valuation
- Loan Documentation
- Estate Planning or Settlement
- Investment Analysis
Our team of experienced Certified General Appraisers follow the Uniform Standards of Appraisal Practices approved by the Appraisal Foundation. We specialize in valuing Oklahoma’s greatest resource, agriculture.