Frequently Asked Questions — Texas Rural Land Loans
Answers to common questions about farm & ranch loans, barndominium financing, recreational land, and rural property mortgages in Texas.
- How quickly can I get approved?
- Timelines vary by deal complexity. Our rural-land expertise means fewer delays and surprises. Call us for a realistic timeline on your specific deal.
- What credit score do I need?
- Minimum 640 FICO. Better rates are available with 680 or higher.
- What's the minimum down payment?
- For most programs, minimum 20% down. Construction loans may require 25% down.
- Do you finance barndominiums?
- Yes! Barndominiums are one of our specialties. We finance purchase, refinance, and construction-to-perm loans on barndominiums.
- What states do you serve?
- We are licensed in Texas.
- What is a balloon note and why should I avoid one?
- A balloon note gives you a 30-year payment schedule but the full balance comes due in 10-15 years. FSCAP writes true 30-year fully amortizing fixed loans.
- Do I need to buy cooperative stock or join an association?
- No. Unlike Farm Credit, FSCAP has no cooperative membership requirement, no stock purchase, and no association liability.
- What if my home value is less than my land value?
- We lend when the home is as little as 30% of total property value. Large acreage with a modest homestead is our specialty.
Call: 888-484-1256