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FSA Beginning Farmer Loans
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Brett in KS
Posted 9/30/2014 18:18 (#4101518 - in reply to #4100922)
Subject: RE: FSA Beginning Farmer Loans


North Central Kansas
I did it a few years ago. No possible way I would have been able to buy a farm without it. You have to have three years worth of schedule F tax forms. There is a lot of paperwork but it is not bad. Well worth it. When I did it the maximum they would loan would be $300,000 on a beginning Farmer loan. Two different options -no down payment, or you put down 5%, get a bank to do 45%, and FSA will do 50%
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