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RuraLiving Home Mortgage Program

Mortgage RuraLiving

It’s all about you, and your commitment to living in the country.

First National Bank appreciates the unique qualities of rural American living. We offer a program that provides long-term financing for properties with larger acreages and outbuildings. Our RuraLiving® Home Mortgage program exemplifies competitive pricing and effective products designed specifically for country home living.

RuraLiving® Home Mortgage Program Providing Valuable Benefits*

  • A solution created specifically for non-conventional properties
  • A unique opportunity to lock in long-term financing and a fixed rate
  • Finance one note and mortgage for the entire acreage and home
  • Competitive pricing structure
  • A dedicated and experienced team guiding you through a simple and convenient process

Refinance Benefits Include

  • Effectively manage your personal finance goals
  • Reduce monthly payments
  • Improve cash flow
  • Lock in a long-term fixed rate to secure future financial expectations

What type of properties qualify?

The RuraLiving program is dedicated to providing long-term financing for non-conventional secondary market hobby farm properties, with agricultural characteristics.


  • Primary residence and owner occupied
  • Home and property in good condition with no deferred maintenance or incomplete construction
  • Properties generally range from 5-160 acres
  • Property has the reasonable capability of generating $500 of annual agricultural income
  • The borrower’s primary business/vacation is typically something other than farming
  • Home value should comprise of approximately 30% of the overall property value


  • Full-time farming operation or a property with a large number of livestock
  • Second homes
  • Townhome, duplex or planned unit development
  • Manufactured homes
  • Mobile Homes
  • Unique homes (shed, dome, berm, cabins, log homes)
  • Investment properties

Eligible Hobby Farm Property Examples

56-Acre Hobby Farm

  • Primary residence and owner occupied
  • Potential for ag income derived from animal shelter, barn, horse facility and pasture land.

10-Acre Hobby Farm

  • Primary residence and owner occupied
  • Potential for ag income derived from crop acreage

75-Acre Hobby Farm

  • Primary residence and owner occupied, with an additional guest home and barn
  • A combination of acreage including both open and wooded land

27-Acre Hobby Farm

  • Primary residence and owner occupied
  • Borrower has full-time, non-farm employment
  • 14 tillable acres, leased to local farmer

 Visit with one of our Mortgage Loan Experts to learn about out RuraLiving Home Mortgage Program

*The servicing on these loan products will be immediately transferred to our sister bank, Northwest Bank in Spencer, Iowa.  They may sell the loan to an investor and such servicing may also be transferred to the investor.

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