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Raw agricultural land rolling hills Oregon
Raw Land Loans

Secure the Land Before It's Gone.

Raw land loans for agricultural buyers who want to lock in ground, build equity, and plan their next move — without being rushed into an operation you're not ready to start.

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$500K – $10M+

Loan Range

30–40%

Min. Down Payment

Agricultural & Rural

Zoning

Short or Long Term

Hold Period

Overview

Agricultural Land You Can Hold, Develop, or Farm

Raw land is the hardest asset class to finance — and the most misunderstood. Most banks either won't touch it or require such large down payments that the economics fall apart. We approach raw agricultural land differently: we evaluate the land's productive potential, comparable sales in the agricultural market, and your long-term plan — not just the absence of a building.

Our raw land loans serve buyers who are acquiring land for future farming, land banking, conservation, or development — and who need a patient lender willing to underwrite based on the land's intrinsic and productive value. Oregon and California both have exceptional land markets that reward buyers who move early and hold intelligently.

Who This Is For

Agricultural investors buying land before values increase
Farmers acquiring adjacent acreage for future expansion
Buyers securing ground for future farm or ranch development
Conservation buyers with no immediate income requirement
Estate planners land banking for the next generation
Buyers acquiring land with future irrigation, timber, or farming potential
1031 exchange buyers seeking like-kind agricultural replacements

Key Features

What Makes This Program Work

Agricultural Zoning Only

We finance land zoned EFU (Exclusive Farm Use), AG, RR, and similar rural/agricultural designations in Oregon and California.

Land Banking Strategy

Long-term land holds with refinance options as the operation develops — we structure loans for buyers thinking in decades, not quarters.

Future Development Path

Loans structured with room to refinance into a farm purchase or construction loan once infrastructure, irrigation, or planning is in place.

Comparable Sales Analysis

We use MAI-certified appraisers with rural land expertise to establish accurate value based on actual agricultural land transactions.

1031 Exchange Compatible

Raw agricultural land qualifies as like-kind property in a 1031 exchange from other investment real estate — we handle these routinely.

Oregon & California Expertise

We understand EFU zoning restrictions, Measure 49 limitations in Oregon, Williamson Act properties in California, and how those affect both value and lending.

Requirements

General Qualifications

Minimum 30–40% down payment required on raw land
Strong credit score preferred (680+) — compensating factors considered
Documented purpose or plan for the land (farming, timber, conservation)
Sufficient liquid reserves post-closing for loan servicing
Debt-to-income or asset coverage sufficient to service the loan
Property must be agriculturally zoned (EFU, AG, rural residential with acreage)
Licensed in Oregon and California (NMLS #1498678)

Get in Touch

Ready to chat with one of our Ag specialists?

Schedule a consultation by calling us directly or completing the contact form — we'll get back to you within one business day to review your operation, walk through your options, and identify every program you qualify for. No cost, no obligation.

Call Us

503-966-9255

Mon – Fri, 8 am – 6 pm PT

Licensed in Oregon & California · NMLS #1498678 · Agricultural Lending Division

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We'll get back to you within one business day

FAQ

Common Questions

What Our Clients Say

Five-Star Reviews from Real Borrowers

All reviews verified on Google

"Great communication, efficient processing and good turn around times on approvals and closings."

LG

Laura Garifalakis

Google Review

"Lumen Mortgage is the absolute best mortgage team we have ever done business with. We felt through the entire process that we were working with them as a team for one goal, to get us in the right home at the right price for us."

SK

S K

Google Review

"David and his team are top-notch. We've worked with many lenders over the years and David is in a league of his own. We'll never use a different lender!"

WL

Wendy Lewis

Google Review

"With mortgage rates at historic lows, I decided to refinance. Unimpressed with my current mortgage lender's rates (Bank of America), I did some digging and found great rates that would need to be brokered privately. I remember a friend mentioning Lumen, so I fired off an email, and what do you know - ~2 weeks later I closed at a fantastic rate! 2 weeks!"

DM

Derek Meyer

Google Review

"Lumen Mortgage was excellent to work with. They were there step by step explaining everything. This was exceptional as I was helping my parents (English 2nd language) through this process. The team was patient and super informative."

TS

Tony Singmeuangthong

Google Review

"Great experience working with Lumen Mortgage. Extremely knowledgeable and professional. I would highly recommend!"

KC

Kasey Clemens

Google Review

Agricultural Lending Division · NMLS #1498678

Your Land. Your Terms.
Let's Build the Right Loan.

Our ag loan specialists will review your scenario, walk you through every option, and structure financing around how your operation actually works — with full transparency from first call to close.

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