So maybe you’re not much of an explorer, but having the views of The Beaver State while working on your hobby farm isn’t a bad deal.
Whether your hobby farm dreams include starting a plant nursery, raising cattle, growing your own fruits and vegetables, or building a woodworking shop, United Ag Lending has you covered.
Benefits of financing with United Ag Lending for your hobby farm loan in Oregon
We understand that your hobby farm is unique to you; no farm is created equal. That’s why we built our loan programs to include the benefits that traditional lenders tend to disqualify for.
At United Ag Lending, your goals are our mission. As industry experts, we are familiar with all the farming costs that add up. Working with us puts you in a better financial situation.
Some of the benefits
- Loans up to $2 million with Schedule F income allowed
- Land value can exceed 30% of appraised value
- Fixed 15 and 30-year terms
- Dwelling value only requires to be 25% of value (lower allowed on a case-by-case basis)
- Farming income allowed, if not sole income
This is not an extensive list; visit our website to learn about all of our hobby loan program benefits.
Our Oregon hobby farm loan process
The process of obtaining a hobby farm loan contains three main steps: Consultation, Recommendations & Application, and a Continued Resource.
Step 1: Consultation
The first step of the process is a consultation. We will learn about what you value and discuss your goals and expectations. You will also have the floor to ask us questions and get to know more about what we do and how our process works.
We will discuss:
- Your qualifications and financial abilities
- Your purpose for the land
- Our loan programs
Step 2: Recommendations & Application
After we’ve gathered what we needed from the consultation, our loan officers will pitch the loan program for your hobby farm.
This step includes numbers and other detailed information. We will happily walk you through all the details and make sure you fully understand the terms and the application materials.
Step 3: A Continued Resource
United Ag Lending will be your guide from start to finish. Your loan term will end one day, but our support never will. You can count on us as a trusted financial resource forever.
Obtain a hobby farm loan in Oregon with United Ag Lending
Hopefully we made the steps to getting a hobby farm loan in Oregon feel easily accomplishable.
Other 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, Pennsylvania, South Carolina, Tennessee, Texas, Washington, Wyoming.