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I am starting a farm and been looking into purchasing some rural property without a house, for farm use only. does VA have programs for new-farm loans?

I am starting a farm and been looking into purchasing some rural property without a house, for farm use only. does VA have programs for new-farm loans? by neuffer458 from Galt, California. 10 days ago Reply


William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,625 contributions

For your scenario.. no.. it's not allowed.. VA does lend on farm's so long as there is a residence there and you will be living in the home as your primary residence. Also, you cannot buy a business using VA funds.. so if you find a farming business with a home on the property, and part of the purchase price is for the livestock, equipment or "Blue Sky".. then that's not allowed either.. VA does do construction loans.. so it's possible you can purchase the property and build your new home on the land.. but i'm not sure if this would be allowed along with the purchase of a farm. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

9 days ago
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