Learn The Basic VA Farm Loan Requirements
Are you a Veteran of military service looking to purchase a farm? The VA permits this type of loan for both active duty military and Veterans, including disabled Veterans. However, there are two considerations.
First, you must live in a home on the property. Second, while there is no specific requirement about earning income from farming, if you do have farming income then many lenders will deny your loan. But not HomePromise.
Many active military members and veterans grew up on family farms living in rural America. Today, more and more Veterans who lived in agricultural communities as farmers and ranchers strive to get back to their roots.
Thankfully, the Department of Veterans Affairs recognizes this desire. For military Veterans, there are loan programs available with HomePromise. Call or contact us today to see if you qualify.
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Owning a home lies at the heart of the American dream. A home is the foundation for many people’s financial security. But, sometimes the borrowing process can be discouraging. At HomePromise, we understand.
We want to change that. Trust the home loan experts and creative financing team at Homepromise.
We understand that there are many different types of loans, and many different types of homeowners. Your situation is unique and should be handled by people, not computers. That’s why we want you to talk with one of our team members. Applying with us is always 100% free – no risk, no cost, no obligation to you.