Farm loans can also be insured by the Farmers Home Administration (FmHA). The FmHA works much the same was as the FHA by insuring, not funding, home loans with low interest and low down payments. FmHA loans are only eligible for homes in rural areas.
Apply Here – Check out our short form – free quote request
If you are interested in farm loans, using the equity on your home to finance farm improvements and modernizations may be your best option. Home equity loans and home equity lines of credit are very popular means of funding farm improvements.
If you are interested in farm loans, using the equity on your home to finance farm improvements and modernizations may be your best option. Home equity loans and home equity lines of credit are very popular means of funding farm improvements.
The Farm Service Agency offers operating and ownership loans to farmers and ranchers who have had their finances depleted as a result of natural disasters or who do not qualify for conventional loans. These loans can be used for a variety of farm supplies including equipment, feed, livestock and miscellaneous. They can be used to purchase a farm, for construction and renovation costs, or for modernization. Unlike FHA loans, the FSA both insures and funds loans.
|