A Simpler Way To Escape – Own A Piece Of The Country

Luke Fraley is a loan officer for Rural 1st, Farm Credit Illinois’ lending for country living. He highlights the Rural 1st program and unique aspects that customers appreciate, especially with rural land in high demand. Many traditional financial institutions won’t finance homes attached to acreage or outbuildings since they aren’t eligible for the secondary market – but Rural 1st does. Listen to the podcast to learn about Rural 1st fixed-rate financing for a variety of rural properties and their simple and convenient loan process. Visit or contact your local FCI office for more information.

*A $200,000 loan would require a 15% down payment with a monthly principal and interest payment of $971.04 for 360 months based on 4.14% annual percentage rate (APR). Assumes $4,500 in closing costs. Monthly payments do not include amounts for taxes and insurance premiums so the actual monthly payment may be greater. Available rates and terms including the APR are subject to change without notice. The APR is based on the best available interest rate as of 04/06/2021.

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