Farm Real Estate LoanCredit Cards and LoansFarm real estate loan...The government sponsors low cost loans to help new farmers get started. This is provided through the Farm Service Agency, or FSA. Here's a quote from their website: "Direct" farm loans are made by FSA with Government funds. We also service these loans and provide our Direct loan customers with supervision and credit counseling so they have a better chance for success. Farm Ownership, Operating, Emergency and Youth loans are the main types of loans available under the Direct program. Direct loan funds are also set aside each year for loans to minority applicants and beginning farmers (see links below). We could give you more info here on this government program but you might as well get it directly from the FSA at their website: Ranch And Farm Loan If, for some reason, the FSA programs will not help you in your quest for a farm real estate loan, we would suggest making use of a Farming related credit union in your area. Credit unions often have the best deals and also better understand the area they operate in and the most common types of farming done there. That's where you are likely to find the best farm real estate loan.
|
