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Rural Property Mortgage

If you own a rural property or are considering moving to the country, you could face mortgage challenges. Skip The Bank has funded 1000’s of mortgages. Tap into our experience to obtain a mortgage “in the country,” on your hobby farm, or off-the-grid weekend getaway. We have the experience that will make getting a mortgage less stressful and more straightforward.

Acreage That a Bank Won’t Consider

Mortgage Your Dream Farm

Rural mortgage

Obtain a Mortgage in the Country

  • Acreage that a bank won’t consider when valuing the rural property
  • Properties in remote areas or on well and septic systems
  • Homes in smaller communities where marketability can be an issue

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Rural Mortgage

What is the Rural Property Mortgage?

The Rural Property Mortgage was created especially for people wishing to buy property in rural areas. This program offers flexible mortgage choices to assist you in financing your rural property and construct your dream house., a franchise of The Mortgage Centre, is located in the midst of rural Ontario. We’re surrounded by land and people wanting to purchase a home in the country. Few brokerages understand the complexity of financing estate properties or homes not in Urban areas. Why work with a brokerage who is located in Toronto? They won’t have a clue about the location you wish to purchase or even why you would buy a home in a rural setting. The Skip The Bank way is flexible and works around your schedule. The best part of the process is we do everything in a personalized, virtual way. You’re never dragged into an office. Easy and straightforward!


Answers to Our Most Frequently Asked Questions


Is it harder to get a mortgage on a rural property?

Yes it can be, especially if the property has more than 5-10 acres


What are the down payment requirements for a rural property mortgage?

They vary depending on the property type and borrower qualification – but it can be as little as 5%


What types of properties qualify for a rural mortgage?

Anything that is not in a major urban setting would be considered rural.


How does a well and septic system affect my eligibility for a Rural Property mortgage?

Some lenders do not lend on rural properties with well and septic. This is especially true if you require alternative financing because you may be self-employed or have poor credit.

Advantages of the Rural Property Mortgage

Access To Rural Properties

Our rural property mortgage plans will allow you to purchase land outside of metropolitan areas and create the house of your dreams.

Flexible Options

We provide a variety of flexible mortgage options for our rural property plan that are tailored to fit your unique requirements and financial situation.

Competitive Rates

We offer competitive interest rates on our mortgages to help you save money over the life of your Rural Property loan.

Customized Solutions

Our approach involves working with you to identify a personalized solution that caters to your unique requirements and allows you to attain your financial objectives.

Reasons to Choose Skip the Bank’s Rural Property Mortgage Plan

  1. Competitive Rates: You can save money throughout the course of your loan by taking advantage of our competitive interest rates.
  2. Dedicated Support: From application to funding, our team of knowledgeable financial professionals is available to assist you at every stage of the procedure.
  3. No Hidden Fees: We are transparent about our fees, and we don’t charge any hidden fees or prepayment penalties.

At Skip the Bank, we are committed to helping you achieve your dream of owning a rural property. Our Rural Property Mortgage program offers flexible options, competitive rates, and dedicated support to help you find the right solution for your unique needs. Apply now and start building your dream home in the countryside with Skip the Bank!

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Mortgage Refinance

Real Success Stories

headshot photo of Lotus and Nara

Lotus and Nara always wanted to own a country property. They were tired of living in an urban centre and wanted more outside space and privacy. They also understood that rural properties could be challenging to finance. They were hoping to purchase a property with 20+ acres and also have some chickens and a small hobby farm. When they went to their bank, their bank wasn’t able to help them because of the acreage associated with a rural property. The other issue that kept coming up was the appraisal value of the property for residential financing.

That’s when Lotus and Nara came to The Mortgage Centre! They explained that most residential lenders will appraise a rural property based on a land value of 10 acres plus the home. However; Lotus and Nara had significant equity in their current home; they were able to put enough money down to surpass the threshold between the purchase price and the appraised value of the land plus 10 acres. A detailed buy/sell analysis produced by The Mortgage Centre clearly showed that there was enough equity to make up for any shortfall. The best part of the process (and a bonus) was they received a better rate.

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that’s perfect for you.