Country properties / Acreage / Hobby Farms

Rural properties/ Acreage / Hobby Farms

Buying a rural, acreage, or hobby farm isn’t as simple as buying an urban semi – but it can be as easy!

Whether it’s ‘room to roam’, or a true hobby farm; start out on the right track with an agent who is an expert. I adore rural living, and would be thrilled to be your mortgage agent of choice through the approval process.

Six tips to get you on the right track for your rural/hobby farm mortgage:

1. Adequate down payment, credit history, and the condition/use of the property will be the largest factors in your approval.

2. Expect an appraisal. The lender will look only at the main house and up to a certain amount of the land, i.e. 5 or 10 acres.

3. The property must be for residential use only, though hobby farms may be considered.

4. Prepare for approval by a default insurer as well, such as CMHC. This could mean a premium fee.

5. Pay special attention to the zoning (rural, agricultural, or conservation).

6. Farms for profit do not qualify under these guidelines and require a specialized agricultural lender.

Do you dream of green space and fresh air, or white-fenced paddocks? Do you remember what a freshly picked tomato tasted like?

If your property search is headed rural, then we have much in common. I’d love to help you go ‘green’!

Spread the word!

Did you know:

45% of first time buyers and 33% of repeat buyers use a mortgage broker for their mortgage needs.

The fastest and easiest way to apply for your mortgage! Let's get started >


Use this handy tool from CMHC to explore your options. Nothing beats expert advice - be sure to contact me to discuss strategies that will save you money and pay off your mortgage faster! Try it today >