Updated about 5 years ago on . Most recent reply
Buying the farm next to my house
I have about 100k in equity in my primary residence on 1 acre. Adjoining my land and primary residence; I’m buying a 140 acre farm with a house on the land. Financing seems to be limited to 5%, 3 year fixed, 20 year amortized, on the land and house. I just wish I could get a conventional loan wrapping my primary residence the land and house altogether. With a better rate than 5%. I’m looking into FSA loans since it’s a farm with pastureland.