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While Jason might be new to the land buying
game, Ted S. is a land buying veteran and a loyal
Rural 1
st
customer with over 20 years of land
dealing experience.
"The largest hurdle for someone
in my position is finding a
lender that would lock in a
rate for more than three or five
years and that's where Rural 1
st
really shines."
Rural 1
st
isn't your typical lender. They provide a
wide range of solutions designed to specifically
meet the unique needs of their customers, and in
Ted's case, that's securing a longer term fixed rate
loan. In his opinion, "that's the winning recipe".
Ted's main purpose for buying land is for recreation
use, a lending market Rural 1
st
specializes in. While
he has bought 17 dierent farms throughout the
years, his most recent purchase was made in Iowa,
where he spends time with his family turkey and
deer hunting, fishing, canoeing, and kayaking — as
he just had a lake constructed.
According to Ted, "Rural 1
st
has a niche for the
bare land market. This type of lending has always
been a fringe for the standard regulatory banking
industry and that presents hurdles for buyers
like myself because the down money was higher
than a Rural 1
st
package. So, in my opinion, Rural
1
st
has streamlined the process for land buyers to
purchase and invest in ground that was otherwise
unappealing to the normal regulatory bankers."
From making first-time customers like Jason into
returning ones like Ted, Rural 1
st
is your gateway to
opening a world of opportunities.
So, what do you say, are you ready to load up that
truck and head to your new piece of land?
Rural 1
st
is a tradename and Rural 1
st
, the Rolling Hills Window icon, Rural
Logic, and Closer to What Matters are exclusive trademarks of Farm
Credit Mid-America, NMLS 407249. Rural 1
st
products are available to
consumers within the territories of participating Farm Credit System
Associations. Equal Housing Lender.
To learn more about Rural 1
st
, visit
www.Rural1st.com/Whitetail
Ted S., Rural 1
st
customer
