We’d like to take this opportunity for you to get to know more about land financing with Agrow. So, let’s get started!
What types of “land” qualify for an Agrow land loan?
- Farms
- Ranches
- Pastures
- Recreational properties (weekend getaways, hunting, fishing, etc.)
- Investment properties (held for value/future improvements, rental, etc.)
- Lots, too!
What can Agrow provide financing for?
- Purchasing land
- Refinancing your land
- Expanding your land
- Improving your land
What can Agrow not finance?
- Homestead properties*
- Construction loans for homestead or commercial purposes*
Can your loan be made in an entity, such as an “LLC”?
- Yes!
What is the required downpayment?
- Typically, it’s 20% down. However, with stellar financials & excellent credit, you may be qualified for as little as 15% down.
- In certain circumstances, current landowners may have the option to use equity from other rural land for the downpayment on a new property (therefore no cash downpayment).
We know real estate! The majority of Agrow’s business is real estate and is referral based. Our longest-standing customer has been with Agrow for over 42 years & several others are not far behind! This is something we are very proud of & is why we pride ourselves on customer service!
Because we are well versed in real estate, Agrow earns you the following:
- Minimum out-of-pocket closings (talk to us about utilizing other real estate equity!)
- Customized payment options
- Large selection of terms and amortizations
- Fixed or variable rate options
- Partial releases available*
- No minimum or maximum dollar amount limits
- Low origination fees
- No prepayment penalties
- No territorial restrictions – Agrow can lend on land nationally!
And the benefits do not stop here! Please contact us to learn more. We are here to walk you through your options and give you honest feedback about your request.
We look forward to hearing from you!
(512) 892-8999 or info@agrowcredit.com
*Contact us for further details.