Farm and Residential Construction

Construction loans are a specialized credit product, with a short duration and different payment terms compared, for example, to a conventional residential mortgage.

In the world of farming, they are even more specialized, with factors such as income that a structure can be expected to help generate, or its value as collateral as part of an agricultural property, impacting the evaluation of the borrower's creditworthiness.

On rural properties, even loans to finance the construction of a single-family residence before the final mortgage is issued have special considerations. With that in mind, we developed a home construction guide to share our five steps to planning and financing your project. Download it here for free.

Chances are, the bank around the corner from where you currently live or work won't have full command of all the nuances. At AgChoice, that's why we're here. We have the expertise in -- and passion for -- all things rural and agricultural, enabling us to say "Yes!" when a conventional bank might say "No."

Contact us or contact a local branch near you to see how we can help with your construction loan!