Farmettes/Ranchettes that are owner-occupied Hobby Farms, Country Squire, Gentleman Ranchers, and Part-time Farmers containing five (5) acres or more, with a good location, maintenance, no environmental risk and with outside income to support the debt.

First fee mortgages encumbering real estate and fixed improvements with customary assignments and pledges. Leaseholds considered on a case-by-case basis.

$500,000 to $2,300,000 per property.

Thirty (30) Years.

Thirty (30) Years.

70% maximum, or 85% subject to Mortgage Insurance Limitations.

1.25:1

Recourse is required.

Monthly escrow is required for taxes and insurance.

Closed for seven and one-half years, then subject to a Prepayment Penalty based up Yield Maintenance.

Dwelling must be 30% of value, zoning must be agricultural use, and minimum Credit Score must be 620 or better. Standard Terms and Conditions also apply.