|
Northeast Iowa | Simple and to the point:
I don't own much for property, and haven't needed a mortgage for my home so this is why I'm naive.
I want to buy some farmland. Is a typical annual payment for the coming year, or it for the last year?
I can make a substantial down payment, but can not make that down payment if I'm hit with an annual payment immediately after for the upcoming year. (Like closing this fall, putting down big money, and having to pay another $30-40k right away in 2019)
Also have been having a lot of issues with the FSA farm ownership loan program, but that is mostly just complaints. | |
|
Mortgage Question
