Financing
Several methods of financing exist for your homestead tract, by itself or combined with a construction loan with your structure(s). Our lender is Security State Bank and Trust headquartered in Fredericksburg, Texas. Our bank officer is Joe David Sherrod, manager of the Spicewood Branch located on the outskirts of Austin, (512) 264-9900. Mr. Sherrod will be happy to discuss your financial needs. Other lenders specializing in rural lending in Texas are First Ag Credit (Fredericksburg), Capital Farm Credit (Kerrville), and JPC Financial Resources, Ltd. (Boerne). These lenders offer competitive mortgage financing for the purchase, refinance or improvement of many different types of rural real estate. The loan terms vary from five to 30 years with fixed or variable rates. They offer borrowers a complete line of flexible loan products custom-tailored to meet individual financing needs:
- Agricultural Property – Farms & Ranches
- Country Homes – Purchase & Construction
- Land Improvements – Barns, Water Wells, Fencing, Clearing
- Recreational Property – Hunting, Fishing or Just Relaxing
- Retirement Property – Permanent Residence or Weekend Retreat
- Homesites – Buy Now, Build Later
These lenders will take a loan application on-line or over the phone. First Ag Credit’s phone number is 1-866-992-2110 and their Website is www.agmoney.com. Capital Farm Credit’s phone number is 1-877-969-5500 and their Website is www.capitalFarmCredit.com. JPC Financial Resources’ phone number is 1-800-419-4666 and their Website is www.jpcfinancial.com.
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