The Benefits of Working with Us

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One closing from construction-to-permanent financing - saving you time and money!

Competitive variable interest rate during construction which converts to a fixed market rate after construction is completed. Interest only payments during construction.

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Construction funds are issued via a draw schedule

Draws may include payment for work already completed and to purchase materials to be used in the next phase of construction.

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Flexible general contractor requirements.

We can work with a builder/general contractor for your home construction projects, or a self general contractor where you manage the project yourself.

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    Loan Process

    When you call Country Living, you talk with a live person based right here in the Northeast. We are available to assist you from start to finish.

Mortgage Calculator

Calculate your monthly payment for fixed rate loans.

Frequently Asked Questions

How do you value land?

We consider every acre of land when looking at appraised value. Land valuation varies based on many factors including location, soil types and sales comparisons.

How long does the process take?

Every loan is different just like every property. The process varies based on multiple factors but we strive to close between 30 and 45 days. If for any reason this will not be attainable, the mortgage specialist will contact you immediately to explain why.

What are some documents you typically collect?

W2 Wage Earner
  • Two most recent years of W2s
  • One month of most recent paystubs
  • Two months of most recent bank statements
  • We may require additional documentation based on your situation
Self-Employed
  • Two most recent years of W2s
  • YTD Profit and Loss
  • Two months of most recent bank statements
  • We may require additional documentation based on your situation

What makes Country Living different?

Country Living was designed to serve rural America. Country Living can offer financing for farms, homes and land with a streamlined process and competitive interest rates. The biggest item we pride ourselves on is our customer service and knowledge of rural properties. We are a local lender that works with customers to get them what they need and communicate every step of the way.

How do you determine interest rates?

Interest rates fluctuate daily based on a variety of market factors. Country Living has no influence over these but will do our best to secure the right interest rate for you.

Do you sell your loans?

Country Living offers various programs and the majority of loans are not sold and are locally serviced so you never have to wonder where to make your payment or who to call.

Is there a prepayment penalty for your loans?

Most of our loan programs do not have a prepayment penalty. If this is a concern for you, be sure to ask your mortgage specialist if it applies.

What do you require for a down payment?

Down payment and loan-to-value ratios are determined based on a number of factors. Loan program, product, property type and usage are all factors that affect down payment requirements. Please call your local mortgage specialist to learn more.

Can I use gift funds for down payment?

Yes! If this is what you plan to use, please disclose to your mortgage specialist and be prepared for questions and conditions regarding the gift.

When can I lock in my interest rate?

We typically lock in your interest rate after conditional approval and when we have reasonable certainty the loan will close. If you lock in your interest rate and the loan does not close within the timeframe, you will be subject to extension or breakage fees.

Do I need my own attorney?

Farm Credit East does not require you to have your own attorney to obtain financing. However, it may be typical for your area, or in your best interest, to get an attorney, especially in purchase transactions.
  • Country Living Loans

    Other Country Living Loans

    When you want to live in the country, talk to a lender who is already there.
    Country Living offers loans for rural life in the Northeast U.S.
    Farm & Home Loans

    Northeast Farm & Home Loans

     

    Whether buying a home in the country or that farm you’ve dreamed of, our rural financing expertise will streamline the process.

    Home Construction Loans

    Rural Home Construction Loans

     

    Discover our home construction financing flexibility. We offer a single-closing construction to permanent loan product.

    Farm & Home Refinance

    Farm & Home Refinance

     

    We offer competitive fixed rates and terms for refinancing your Northeast country home or farm.

    Land & Lot Loans

    Northeast Land & Lot Loans

     

    We can finance any size rural property or farm without a home in the Northeast U.S. We feature unique options to meet your needs.