Hobby farming is a popular pastime for many people. Although hobby farming can mean different things to different people, the general idea is small-scale farming that is more focused on pleasure than income.
Whether it’s through growing crops or owning and working with livestock, our hobby farm financing program can help you fund your hobby farm dream.
What is a hobby farm?
Hobby farms are an exciting venture for people looking to explore their hobbies in an agricultural setting or try their hand at farming.
This program is for people who aren’t looking to get their main income from their farm and plan to live on the property at least part of the time.
What are the requirements?
Many lenders aren’t able to finance hobby farms because they’re such a unique situation. However, hobby farm loans are one of our specialties at United Ag Lending. Our hobby farm loan requirements include:
- Property is agricultural in nature
- Property is a minimum of 5 acres
- 680 minimum credit score
- Land has a pre-existing home on it, serving as your primary or secondary residence
Thinking about buying a hobby farm?
With United Ag Lending, you can count on flexible hobby farm loan rates to support your dream of owning a hobby farm. Whether you’re raising chickens, berries, or bees, we’ve financed hobby farms of all shapes and sizes.
Schedule a consultation to get in touch with one of our loan officers and start the process.
You can also get started with our loan planning tool!
States we serve for hobby farming:Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, Wyoming.
Recent Comments