Financing all but the most common homes with a barn in the backyard can sometimes be a challenge. Unfortunately, most conventional lenders do not see the value in the things WE FIND VERY IMPORTANT in our "farm" property. Things like oversized barns whether for horses, cows or other livestock, indoor riding arenas, and permanent fencing are superfluous items to many lenders. Large parcels of land is another potential stumbling block when financing property due to limitations placed on the lenders by the secondary mortgage market.
Please take the time to discuss your financing plans with us before you start your property search and we can give you guidance as to what your best option might be, based on the type of property you are interested in pursuing. |  |
More about Farm Financing
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