From fully amortized long-term rural real estate loans to revolving lines of credit, we finance it all.
We even have a financing program for young, beginning and small farmers and ranchers.
We offer loans for:
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Farm, Ranch and Recreational Real Estate Loans
Financing is available for:
- Rural real estate purchases
- Rural real estate improvements
- Rural recreational property and ranches
- Timberland purchases
- Country home purchases and construction
- Country home improvements
- Agribusiness facility construction and improvements
- Refinancing of debt on any of the above
Operating, Equipment and Livestock Loans
When you need a loan to cover farm or ranch operating expenses, or you want to refinance current debt, contact Lone Star Ag Credit.
Features of Short- and Intermediate-Term Loans:
- Available to part-time, full-time and investor farmers and ranchers, as well as to agribusiness firms
- Repayment terms tailored to match the production and marketing cycle of the commodity being financed
- Competitive interest rates
- Loan servicing handled locally by agricultural lending specialists
Loan Purposes:
- Cattle purchases (stocker, cow/calf or feedlot)
- Equipment purchases (new and used)
- Operating expenses, such as feed, seed and chemical purchases and veterinary bills
- Agribusiness financing:
- Dairy
- Timber and sawmill operations
- Nurseries
- Cotton Gins
- Feedlot Operations
- Poultry Operations
- Commodity, ag processing and marketing companies
Rural Home Loans
Lone Star Ag Credit offers the rural homeowner long-term financing at competitive rates.Loans are available for the purchase, refinance or construction of country homes.
Key Criteria for Eligible Rural Home Loans:
- Property must be located outside city limits or within a town of 2,500 or less population
- Contributory value of dwelling should be at least 50% of total appraised value
- Single-family, owner occupied home
- Maximum Loan to Value is 95% (restrictions apply)
- Secured by first lien
- Private Mortgage Insurance required on loans with loan value greater than 80%
Key Criteria for Eligible Part-Time Farm/Rural Home Loans:
- Must be capable of agricultural production
- 5-acre minimum of $5,000 in gross farm income
- No limit on dwelling value
- Multiple dwellings allowed
- Single-family detached/owner occupied/primary or secondary home
- Purchase/Limited Cash Out Refinances to 85% loan to appraised value
Agribusiness
