How Can I Buy A Farm With No Money Down. It is possible with the fsa direct farm ownership loan. Now that you have some ideas of how to buy land with little or no money, contact us and we’ll help you find the land of your dreams!
No assets needed to qualify; In exchange for accepting these funds you will be obligated to attempt to start a farm that conforms to the usda’s standards of farming. Both new and existing home purchases are eligible;
They provide everything you need to get started as a beginning farmer.
It doesn’t hurt to ask. Some farm lenders have special programs for new farmers and for farmers with poor credit histories. However, they do allow for loans with a down payment as low as 3.5% of the home’s purchase price. You might be able to use a single loan to buy the land and fund construction.