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Mortages for farmers
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kagen
Posted 12/25/2011 16:01 (#2123891 - in reply to #2108573)
Subject: RE: Mortages for farmers


Panhandle of Ne.
Had this happen 13 years ago when we moved and needed a loan to buy a house. Heck, we were paying half of the purchase price as down payment. Long story short, applied for loan for the other half, they didn't undestand how a farm works ie. no weekly paycheck, and we were turned down. Went to our local bank that understands ag., they loaned us the money. I would definitely check with the bank you use for your ag loans, they should be able to help answer your questions or help in some other way.
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