NW MN | Deere6 - 5/2/2025 17:25
Maybe it didn’t pass, there was a bill 1-2 years ago to expand it to 2m, 1m FSA the other half through a bank who holds the first mortgage. If it’s still 600k it’s actually 1.2m in total, as half always comes from the bank. The bank is always willing to go along with these because they hold the first mortgage position.
I believe you’re confusing different financing options or programs. 50/50 with a private bank or farm credit and 100% with FSA.
I could be wrong also. |
Fsa loans Doge oversight.
