These loans often helps those who find themselves temporarily not able to get personal, commercial credit on their own at reasonable prices and terms.
You may make use of Farm Ownership Loans to:
- Purchase or expand a farm that is existing.
- Build new or enhance farm that is existing.
- Pay closing expenses.
- Pay money for soil and water preservation and security.
- Refinance specific debt that is farm-related.
The utmost loan quantity for the Direct Farm Ownership Loan is $600,000. No deposit is needed; other stipulations use.
Look at the Farm Ownership Loans web page for lots more details. […]