Making a large purchase in life can be both exciting and a bit nerve-racking. Buying a farm is no different. In many ways, applying for a farm loan is quite similar to that of a home loan, but there are still some important differences you should be aware of when preparing for your purchase.
A combination of a low interest rate environment and available inventory has driven increased mortgage requests across the country. Ted Black, Director of Country Living from Farm Credit East, shares how residential mortgage lending has adapted its operations to continue serving customers through the coronavirus pandemic.
Whether you already own rural land or are searching for your future construction site, building a home in the country doesn’t have to be a hassle. With help from the right team, you can rest easy knowing all your planning and financing needs are being handled from lot purchase to final mortgage.
Jean Gallagher’s recent interview with Wesley Kujawa, Country Living Mortgage Specialist, uncovered his enthusiasm to help customers, mentor other team members and develop strong relationships. Here more about his Farm Credit East story.