Rural Home Loans Alabama

Let us help you turn farmland into a farm home. Get started by completing our loan application or contact an Alabama Farm Credit loan officer at (877) 681-6087 or reach out to one of our branch offices.

Loan Application

About Our Residential Loans

Alabama Farm Credit can finance qualifying rural homes and homesites for your full-time residence or for weekend getaways. This may include lake homes, hunting cabins, country retreats or renovated farmhouses.

Commonsense Borrowing

Many of our borrowers find themselves overwhelmed by so many mortgage options and confusing information in the marketplace today. Alabama Farm Credit has more than a century of experience helping Alabama’s farming families and rural landowners make sense of each step involved in purchasing, constructing or renovating homes.

Loan Types

Our cooperative offers both fixed-rate and adjustable-rate mortgages depending on your financial goals and risk tolerance.

Estimate Your Loan Payment

Input your purchase price and interest rate, and quickly estimate your loan payments.

Loan Calculator

Competitive Interest Rates

To receive an interest rate quote, contact the branch office nearest you.

Get Quote

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Frequently Asked Questions

We’ve curated the top questions we’re asked most often. If you are unsure about our services, how a cooperative works or other details, you may find the answer you’re looking for right here.

More FAQs

Yes, we make loans for the purchase, construction and improvement of homes located in rural areas. We also finance rural homesites where a home is designated for future construction.

We make loans to purchase land, refinance existing mortgages and other debts, construct and repair homes and other buildings, make property improvements, construct or improve agribusiness facilities, purchase machinery and equipment, purchase livestock, finance agricultural operating expenses and other needs.

Primarily, the nature of the loan, its purpose and the financial capacity of the customer determine repayment options. Repayments are set up to coincide with the borrower’s cash flow. They also may be paid in installments from farm operations or non-agricultural sources.

YOUNG BEGINNING AND SMALL FARMERS

We’ve created a pathway to ownership for young, beginning and small farmers.

At Alabama Farm Credit, we recognize that the future of American agriculture depends on a new generation of producers. Whether you’re completely new to farming, a 4-H member buying a show heifer for a foundation herd or a young person taking over the family farm, our New Generation II Loan may be what you’re looking for.

Find Out Who's Eligible