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Hobby farm with horse barn and pasture
HomeResidentialHobby Farm Loans
Hobby Farm Loans

Where the Lifestyle Meets the Loan

Horses, barns, paddocks, and acreage shouldn't complicate your mortgage. Our hobby farm loans bridge residential and agricultural financing for lifestyle properties.

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10%

Min. Down Payment

680

Min. Credit Score

Up to $2M

Max Loan Amount

Typically Up to 200 Acres

Property Acreage

Overview

Residential Financing for the Rural Lifestyle

A true hobby farm sits in a unique gap in the lending world: too residential for agricultural lenders, and too rural for many conventional lenders. We specialize in exactly this space — lifestyle properties with barns, paddocks, arenas, fenced pasture, and multiple outbuildings that exist for personal enjoyment rather than commercial income.

Whether you're keeping horses, growing a garden, raising a few chickens, or simply wanting acreage and privacy, our hobby farm loan programs deliver residential-style rates and terms for properties that don't fit the cookie-cutter mold.

Who This Is For

Horse owners and equestrian enthusiasts
Buyers purchasing properties with barns, arenas, or paddocks
Families wanting acreage, privacy, and rural lifestyle
Buyers of small farms used for personal (non-commercial) use
Those purchasing primary or secondary residences with ag-adjacent features
Buyers whose property doesn't qualify for commercial agriculture programs

Key Features

What Makes This Program Work

Up to 200 Acres

Properties with up to approximately 200 acres are typically eligible — including pasture, timber, and mixed-use land used personally.

Outbuildings OK

Barns, stables, arenas, workshops, hay storage, and other ancillary structures are considered — they don't disqualify the property.

Residential Rates

Because the primary use is residential lifestyle rather than commercial agriculture, these loans are structured at competitive residential rates.

Fixed & ARM Options

Choose a 15- or 30-year fixed rate for predictability, or an ARM product if your timeline is shorter-term.

Horses & Livestock OK

Personal use livestock (horses, goats, chickens) is permitted as long as the property income is not the primary source of repayment.

Oregon & California

We serve rural markets across both states — from the Willamette Valley to the Sierra Nevada foothills.

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503-966-9255

Requirements

General Qualifications

Credit score of 680 or higher
Minimum 10–20% down payment
Property primarily used as a personal residence (not commercial farm operation)
No active agricultural business operating on the property generating primary income
Acreage typically up to 200 acres (case-by-case for larger parcels)
Primary residence or second home eligible
Licensed in Oregon and California (NMLS #1498678)

Ready to See If You Qualify?

Every borrower's situation is unique. Give us 15 minutes and we'll review your financial picture, identify every program you qualify for, and walk you through your options — at no cost and with no obligation.

Licensed in Oregon & California · NMLS #1498678

Related Programs

Equestrian Loans

For larger equestrian operations, we also offer specialized equestrian lending with horse-friendly underwriting.

Agricultural Loans

Working ranch or income-producing farm? Our agricultural lending team handles commercial-scale operations.

From the Blog

Further Reading

Equestrian Property Loans in Oregon: Financing Horse Properties, Arenas & Boarding Facilities
Agricultural

Equestrian Property Loans in Oregon: Financing Horse Properties, Arenas & Boarding Facilities

From Willamette Valley horse country to Central Oregon's high desert, Oregon's equestrian real estate market has unique financing needs. Here's how to navigate loans for horse properties — and why spring is the perfect time to plan your next move.

7 min readRead article
Agricultural Loans: Financing Farm & Ranch Property in Oregon
Agricultural

Agricultural Loans: Financing Farm & Ranch Property in Oregon

Financing agricultural land is fundamentally different from a standard home purchase. Here's what Oregon farmers, ranchers, and rural property buyers need to know.

6 min readRead article

What Our Clients Say

Five-Star Reviews from Real Borrowers

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

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Laura Garifalakis

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"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."

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"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!"

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Wendy Lewis

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"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!"

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Derek Meyer

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"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."

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Tony Singmeuangthong

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

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Ready to Get Started?

Our loan officers will review your scenario, walk you through your options, and guide you from application to close — with full transparency at every step.

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