Tndeer Logo

Page 2 of 2 <12
Topic Options
#3143456 - 01/29/13 07:57 AM Re: Farm Loans [Re: Hunter 257W]
JA1234
10 Point


Registered: 01/13/06
Posts: 3841
Loc: just a hair or two north of th...

Offline
I went through farm credit. I only paid 5% down. Its all in who you know and what your credit is...if you have really Great credit 780+ you can typically get what you ask for. Knowing someone makes getting it hassle free. Loaning money is a very competitive game. Don't just take what they offer as that is what it has to be. Negotiate! certain things they are regulated to charge.
Top
#3145768 - 01/30/13 02:27 PM Re: Farm Loans [Re: JA1234]
mrw
4 Point


Registered: 11/12/07
Posts: 284
Loc: Cookeville, Tn

Offline
I just bought 45 acres. I went through Farm Credit also and was able to get a 10 yr fixed rate at 3.7%. I put down 25%. I could have put down as little as 10%, but I'm sure it would have been at a higher rate. You can get a lower rate if you plan to build on the property in the future.
Top
#3149779 - 02/03/13 06:23 AM Re: Farm Loans [Re: mrw]
blountcountyboy
8 Point


Registered: 03/30/03
Posts: 1370
Loc: Blount CountyTN ya know over n...

Offline
Farm Credit...... A+++... It took us 6 months to get the land we purchased surveyed, and all the info TO Farm Credit... it took Farm Credit less than a week to have us closed on the land. Since the land we already owned joined this parcel and everything we owned already paid for they REALLY worked with us and discussed different loans until we found the one that worked best for us. I will work with them again in the future.
_________________________
If not for bad luck I wouldn't have any luck at all.

Top
Page 2 of 2 <12


Moderator:  Bobby G, Unicam, CBU93, stretch, Kimber45, Mrs.Unicam, Crappie Luck 
Hop to:
Top Posters
4105226
RUGER
86682
Deer Assassin
65042
BSK
60880
Crappie Luck
51376
spitndrum
Newest Members
TboneD, sbhockey, ZachA, DocT, Raegan
13202 Registered Users
Who's Online
114 registered (Brisco Darlin, FlintvilleMonster, SDS, Mudbone, TN Bolton, LA man, 14 invisible) and 115 anonymous users online.
Forum Stats
13202 Members
42 Forums
91410 Topics
1068593 Posts

Max Online: 788 @ 11/11/13 08:06 PM
Moon Phase
CURRENT MOON
August
Su M Tu W Th F Sa
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31
Forum Donations
The TnDeer.Com Deer Talk Forum is for Tennessee Deer Hunters by Tennessee Deer Hunters. If you enjoy using our Talk Forum and would like to contribute to help in it's up-keep. Just submit your contribution by clicking on the DONATE button below and paying with PayPal or a major credit card. Any amount is much appreciated. Thanks for your support!

TN Burn Safe

Generated in 0.04 seconds in which 0 seconds were spent on a total of 15 queries. Zlib compression enabled.