We concentrate on offering loans for Horse farms and Equestrian Facilities, Vineyards, Fruit & Vegetable Farms, Interest Farms, and extra. You probably have a farm that Fannie and Freddie can’t help with, MortgageDepot is right here to assist.
One of many key advantages of working with MortgageDepot is the aggressive charges starting from 7.5% to eight.5%, you’ll be able to belief that you’re getting an incredible deal in your farm mortgage. Moreover, MortgageDepot presents a most loan-to-value (LTV) ratio of 70% or 75% on loans below $550,000.
- Focus on Horse farms and Equestrian Facilities
- Vineyards, Fruit & Vegetable Farms, Interest Farms, All eligible
- Farm Loans that Fannie and Freddie can’t do
- Most LTV 70% / 75% on Loans below 550K
- Minimal Rating 680
- Minimal Mortgage Quantity 400K to Most 50M
To qualify for a farm mortgage with MortgageDepot, you will have a minimal credit score rating of 680. The minimal mortgage quantity is $400,000, with a most mortgage quantity of $50 million, supplying you with flexibility in financing your farm venture.
Contact us at present to study extra about their farm mortgage choices and the way they may also help you safe the funding you want.