As a veteran, can I get a loan for a farm in Illinois?
Absolutely! Farm Loan Center is a national company providing lending services and options, assisting people in Illinois with VA Farm Loans.
There are approximately 72,000 farms in Illinois covering over 27,400,000 acres. Farm Loan Center specializes in helping you find the right financing for your Country Home, Hobby Farm or Part-time Farm purchase or Refinance in Illinois. While many lenders have acreage and zoning restrictions, Farms with improvements such as barns, arenas, guest quarters are all allowed. Farm Loan Center provides direct lending options that will surpass the competition with excellent rate and terms.
Contact us today at (800) 644-9039 to get you started with a VA farm loan.
What are some of the technical details of VA Loans For Farms and Veteran Rural Home Loans?
- No down payment - 100% financing
- Competitive low interest rates
- Seller is allowed to pay all closing costs
- No VA loan limit
- VA funding fee applies (Note: **Funding fee is waived with VA service connected disability - see below)
- Credit scores of 600+
- Higher limit on debt ratios
**Disabled Veterans with a VA related disability of 10% or more are waived of the funding fee charged to non-disabled Veterans. Surviving spouses of Veterans who died in-service or from a service-connected disability also qualify for the exemption. Purple Heart recipients.
Farm Loan Center provides lending options for farms and agricultural properties in all 50 states. Our associations provide real estate financing and VA farm loan options to more than 300,000 farmers and rural homeowners. From the first-time veteran farmer or rancher, to the established veteran farmer or rancher. Farm Loan Center has the VA farm loans to fit your needs.