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Lenders for land buy #8527701 02/09/22 09:42 PM
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Dave Scott Offline OP
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Some years ago I was told the Fed Govt farm bureau, or some such agency had really good loan terms. Low fixed rates for 40 years. Anyone have any knowledge on such loan programs or any good lenders? Thanks.

Re: Lenders for land buy [Re: Dave Scott] #8527776 02/09/22 11:08 PM
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DUKFVR Online Content
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Capital Farm Credit or even check with local lenders.

Re: Lenders for land buy [Re: Dave Scott] #8527859 02/10/22 12:46 AM
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procraft05 Offline
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never heard of that for just land

Re: Lenders for land buy [Re: DUKFVR] #8527973 02/10/22 02:39 AM
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Fltmedic Offline
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Originally Posted by DUKFVR
Capital Farm Credit or even check with local lenders.


This for sure


Don't take life so seriously, you'll never make it out alive!
Re: Lenders for land buy [Re: Dave Scott] #8528227 02/10/22 02:38 PM
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Dave Scott Offline OP
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Thanks

Re: Lenders for land buy [Re: Dave Scott] #8528819 02/11/22 04:47 AM
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SouthWestIron Offline
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Central Texas Farm Credit.

Re: Lenders for land buy [Re: Dave Scott] #8534152 02/17/22 10:10 PM
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We bought our place through Texas Bank and Trust headquartered in Longview. Paid it off early so don't have a long term opinion but they financed without any issues.

Re: Lenders for land buy [Re: Dave Scott] #8537116 02/21/22 02:54 PM
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Daddybigbuck Offline
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Capital Farm Credit has lots of options

Re: Lenders for land buy [Re: Dave Scott] #8546846 03/03/22 06:52 PM
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Call me and I can help you get plugged in... Depending on the county, there are several options.


Brandon Azuelo - Land Specialist/Sales Agent in Texas & Oklahoma
No Fences Land Company
3500 Highway 121
Bedford, TX 76021
Cell: 972.800.7773
Email: brandona@nofencesland.com
Web: http://www.nofencesland.com/
Re: Lenders for land buy [Re: Dave Scott] #8547275 03/04/22 03:35 AM
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thatmike Offline
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I compared most of them and ended up going with Central Texas Farm Credit. It came down to them and Capital Farm Credit. I bought just northwest of Brady, TX - just over 113 acres right on the edge of the Edwards Plateau, with 150 foot elevation changes. It was part of a 600 acre parcel broken up for wind turbines and 20-100+ acre tracts. Power and internet available, water by well (but several performing wells in the area). Already ag and wildlife exempt, so I've got some time to get my wildlife plan together.

Re: Lenders for land buy [Re: Dave Scott] #8547884 03/04/22 11:18 PM
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Dave Davidson Offline
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If you’re a veteran, look at the Texas Veteran Land Board


Without a sense of urgency, nothing ever happens.

Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
Re: Lenders for land buy [Re: thatmike] #8550271 03/07/22 07:06 PM
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Excellent! That is a nice area!


Brandon Azuelo - Land Specialist/Sales Agent in Texas & Oklahoma
No Fences Land Company
3500 Highway 121
Bedford, TX 76021
Cell: 972.800.7773
Email: brandona@nofencesland.com
Web: http://www.nofencesland.com/
Re: Lenders for land buy [Re: Dave Scott] #8550416 03/07/22 10:24 PM
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Anyone have an idea or willing to share what current terms are these days for land as far as down payment required, length of term, or general idea of interest rate?

Re: Lenders for land buy [Re: Dave Scott] #8556676 03/15/22 04:39 AM
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Leadsh2 Offline
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Farmers business network

https://www.fbn.com/dashboard

30 yr fixed at 4.39%

No patronage rebates but lower rates.

So far so good in the process now of using and my friend just used them no issues. Simple.....only downfall they are more like 90-100 days to close

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