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Old 03-26-2024, 02:57 PM
Jim Jim is offline
 
Join Date: Jun 2007
Posts: 274
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Got loan with FCC using young farmers program which is lower rate than available to old people. 20 % down.

Did poke around with AFSC but they were hesitant to loan on land with home. They like to do mortgages on bare land. Easier for them to do assessment on value.

Getting a lower rate is the easy part getting bank to approve with 20% down is the hard part but if you got lots of cash for downpayment than a bank will be better.
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