Ranch Loans: Ranch Financing in Texas
Our Ranch Loans are designed to help you finance undeveloped land for crops, livestock or farm/ranch improvements.
Have a ranch loan expert contact me:
Flexible Land and Ranch Loans
At Texas Regional Bank, we've helped people secure ranch financing throughout Texas. Schedule an appointment with one of our ranch lending professionals. Our experienced loan officers will work with you to understand your unique situation and guide you through the loan process. Contact us today to learn more about how we can help you finance your dream ranch.
Ranch Loans: Ranch Financing in Texas
There is an abundance of land for sale in Texas, exceeding 4 million acres and totaling more than $44 billion in farms, ranches, and other properties. The price range is extensive, starting from $16,000 and going up to over $1,000,000.
Whether you want to carry on a family tradition of owning land or buying your first property, Texas Regional Bank has got you covered. We have simple and hassle-free financing options to help you out every step of the way.
Some Types of Ranch Land We Finance Include
- Farmland and other agricultural properties: Land devoted to the systematic and controlled use to produce food for consumption.
- Ranches and hunting preserves: Land used for personal or hunting for fee purposes.
- Timberland: Land containing timber for commercial value
- Recreational properties: Land used for recreation.
Other Types of Land We Finance
Texas Regional Bank also finances other types of land loans. These loans cover the following aspects:
- Raw land is land that has not been improved and is generally acreage tracts
Application Process for a Ranch Land Loan
The loan process for a ranch land loan is similar to a real estate mortgage loan. Both involve real estate, and both usually follow the same steps.
What to Expect
Selecting a property is the first step toward financing ranch land. It is advisable to work with an experienced ranch land realtor to ensure that you make an informed purchase. Keep a few things in mind when searching for your ideal ranch land.
Location: When buying a property, it's important to remember that location cannot be changed. Therefore, it's crucial to research the area thoroughly. You don't want to purchase ranch land unsuitable for your needs due to poor soil, vegetation, or unfavorable weather conditions. Look into the county restrictions and city guidelines as well.
Upkeep and Maintenance: Many Texans dream of owning a ranch, but it's essential to do your research to fully comprehend the amount of time, effort, and commitment required to maintain both the land and livestock.
After finding the ranch land, the next important step is to apply for credit. It's worth noting that financial institutions have different application processes. If you're considering Texas Regional Bank, the following steps may apply:
Contact a Loan Officer: If you're looking to secure financing for ranch land, your first step should be to connect with a Loan Officer. They'll help you find the financing options that best suit your needs and act as your main point of contact throughout the loan application process.
Application: Once you're ready to move forward with your ranch land loan, completing the application is the next step. As part of the application process, your Loan Officer will request your financial statements, income statements, personal identification, and other required documentation.
Appraisal: Upon submission of your application for approval, your Loan Officer will order an appraisal to obtain a professional opinion of the fair market value of the property.
Closing: Once your ranch land loan has been approved, you will close your new ranch loan with a title company.