Get Rural Land Loans to Finance Recreational Land

Whether for the hunter, nature lover or outdoor explorer, owning recreational land can mean endless rural adventures. 

For some homeowners, purchasing a piece of rec land is the next step towards building a dream life in the country. With the rural land financing options Compeer Financial offers, we can make those dreams come true. 

What is Recreational Land?  

We at Compeer define rec land as properties generally larger than 10 acres. They can be wooded or otherwise fit for outdoor recreation. 

While they might also feature structures like rustic cabins, barns and sheds, they’re not primary residences. Instead, these properties provide a perfect backdrop for outdoor recreation, from hunting and fishing to ATV adventures. 

Save with Rural Land Financing Opportunities  

Recreational land buyers are often times more established homeowners, but by offering a low down payment Compeer expands the horizons for more buyers to purchase rec land.

Compared to other lenders, who may require higher down payments, a rural land loan with Compeer means buyers have the option to put more money toward turning their recreational land into a dream property. 

With less demanded at the start, clients have the ability to prioritize other land improvement expenses, especially ones that align with the vision they have for their recreational land.

Secure Fixed Rate Rec Land Loans

Working with us to buy rural land comes with other benefits such as added security with your recreational land loan. Clients may be able to secure a variety of long-term fixed rate loans on rec land properties compared to loans through other lenders, where rates can change in as little as a few years. 

At Compeer rec land is eligible for a rate adjustment, when appropriate, which allows clients to adjust their interest rate for a small fee, significantly less than a traditional refinance. 

With this in mind, buyers can feel more confident about borrowing on a dream property when they find it instead of waiting on interest rates to change. 

Seek Expert Recreational Land Appraisers

Many Compeer team members enjoy rec land with their own families, so we know how important these properties are to our clients. 

Thanks to our expert in-house land appraisal team, we bring the same rural lending expertise to rec land as we do to any other property.

Clients can rest assured they’ll get an accurate assessment of their property and can also turn to us to explore options for equipment loans and construction loans. When it comes to building out your rec land property, we keep the process simple. 

What makes rec land special is how you use it. From hunting and fishing to ATV adventuring, recreational land is a great way to enjoy more space and the outdoor experience rural properties have to offer. Explore the possibility of a recreational land loan today!

 
 
 Compeer offers mortgage financing for rural properties. To qualify, the property must be in an eligible area as determined by Compeer. Other program and underwriting criteria apply. Compeer Financial, ACA is an Equal Credit Opportunity Lender and Equal Opportunity Provider. © 2024 All rights reserved. NMLS #619731