One of United Ag Lending’s specialties is providing mortgage lenders, banks, and brokers with wholesale hobby farm loan products. Our wholesale hobby farm loans are unique and customizable, allowing you to attract new business.
As a wholesale hobby farm lender, we partner with you to help you provide your clients with the best hobby farm loan products available.
Keep reading to learn more about why lender partners choose to work with us and how we dedicate ourselves to helping you book new business in the agricultural industry.
Tap Into a New Market by Making Us Your Wholesale Hobby Farm Lender
United Ag Lending helps brokers and mortgage lenders by providing simple, customizable wholesale loan products.
Our company is known as a leading wholesale hobby farm lender because we structure our competitive hobby farm loan products with the customer in mind. Our professionalism, knowledge, and our loan products, help our partners assist diverse clients who want to purchase or refinance a hobby farm.
When you partner with us, you get to work with experts who will work with you during the loan process and after closing to ensure your clients have everything they need. We’re here to support the success of your customers.
Examples of Hobby Farm Loans From United Ag Lending
Our hobby farm loans are for customers who are interested in having a small-scale farm on the land that includes their primary or secondary residence. Customers can choose to make money off what they farm, but this money isn’t their main source of income. Customers can also choose to have more than one hobby on their farm.
Our team has financed the following types of hobby farms:
- Bee farms
- Vineyards
- Berry farms
- Homes with existing pasture
- Vegetable farms
- Equestrian operations
- Almond farms
- Chicken farms
- A variety of other types of small-scale farms
Hobby Farm Loan Details
As a wholesale hobby farm lender, we offer loan officers a unique product. Our hobby farm loans are for people wanting to invest in a property outside of a standard lending agency’s guidelines.
Hobby Farm Loan Features
Our mission is to meet all farmers where they are; this includes your hobby farm customers. We understand that all hobby farms are unique, which is why our loan solutions are unique, too.
United Ag Lending’s hobby farm loans have the following features:
- Fixed-rate loan terms at 15 and 30 years.
- Our program allows for multiple structures and homes on the property.
- We allow Schedule F.
- The land’s value can exceed 30% of its appraised value.
- The dwelling value is only required to be 25% of the overall value, and lower values are allowed on a selective basis.
- There are no early payment penalties.
Hobby Farm Loan Requirements
Our loan solutions have simple guidelines, so you can determine if our hobby farm loans are right for your customer.
Your customer’s property must meet the following requirements to qualify for one of our hobby farm loans:
- Property must be agricultural in nature.
- 5 acres minimum, 160 acres maximum; over 160 acres allowed on a case-by-case basis.
- 680 minimum credit score.
- The property has a home serving as a primary or secondary residence.
Why Our Wholesale Hobby Farm Lending Process Is Different
We are a wholesale hobby farm lender that has flexible loan products. We help you cultivate your relationship with your customers through a 3-step lending process that includes an added benefit: consultation, recommendations, and application, plus continued resource.
Consultation
As a wholesale hobby farm lender, our expertise is providing loan products to customers who are ready to buy and meet our requirements.
At our consultation, you’ll work with our account executive to make sure our loan products can meet your client’s needs by asking the following questions:
- What will the hobby farm focus on, or will there be more than one focus?
- Will the hobby farm produce any income?
- What is the loan amount needed to start the hobby farm?
- What will your customer use the loan funds for?
- Where will the hobby farm be in the next year or two?
- Will the hobby farm serve as your client’s primary or secondary residence?
Recommendations
After getting answers to the above questions, we will customize your customer’s hobby farm loan program options. We will discuss the terms and rates and answer any additional questions.
You can trust our loan products and lending recommendations because we have years of experience helping lenders assist people who want to secure a hobby farm. Our expertise in the industry has allowed us to build strong relationships with people in the farming community. These partnerships translate to lending assistance and recommendations that:
- Help us serve your customers with unmatched skill.
- Allow us to create customizable hobby farm loan products.
- Make our team an invaluable resource.
Application
When your customer applies for their hobby farm loan, we are happy to guide them through the process. Generally, the application process will go smoother if they have the following documents gathered:
- 2 to 3 years of tax returns
- Bank statements
- Pay stubs
- Asset information (retirement accounts, stocks, etc.)
- Government ID or driver’s license
Continued Resource
We aren’t the kind of wholesale hobby farm lender who disappears after your customer closes on their hobby farm. Our loan officers know that clear communication is essential to the lending process.
We will keep in contact from the start of the hobby farm lending process to the loan closing to make certain that your clients:
- Know the status of their loan at all times.
- Are aware of all loan instructions or steps they need to take during the lending process.
- Always know the answers to their lending questions.
- Have resources to access financial tips.
- Can communicate with us after the loan’s closing.
Our agricultural loan products aren’t rigid. We strive to provide creative solutions that help your customers’ hobby farm dreams become reality.
How Our Hobby Farm Products Are Different
Banks, loan officers, and brokers have a lot to consider when choosing a wholesale hobby farm lender to partner with. When you choose to work with our team, you’ll experience how our loan products help you get more clients.
We Realize Unique Hobby Farm Projects
United Ag Lending knows that no hobby farm loan is one-size-fits-all. Our team can offer your customers a loan product that matches their financial needs and addresses their goals.
We pay attention to the following details during the hobby farm loan process:
- Customer needs and land size
- The type of property on the hobby farm
- Your customer’s credit score
- And more
After analyzing this information, we can present your clients with the best hobby farm loan product with personalized loan terms.
We are seeing continued success as a wholesale hobby farm lender and know that partnering with us will bring you new opportunities to expand your business.
Our Loan Process Is Straightforward
Most customers who want to start a hobby farm already have a primary source of income and have busy schedules. To accommodate their lifestyle, we have developed a clear wholesale agricultural loan process for brokers, bankers, and loan officers. We are prepared to provide your clients with effective loan solutions quickly.
To help discover what your customer needs, we will schedule a consultation with your account executive. This meeting will focus on how we can help you and your customers.
After the consultation, we’ll present customized loan product rates and recommendations and provide support during the rest of the loan process.
Our Wholesale Lending Team Has Experience
United Ag Lending includes skilled people who have extensive agricultural industry experience.
We’ve operated for decades and have cultivated a list of core principles we instill in our loan products. Our company values:
- Communication
- Endurance
- Simplicity
When you choose to build a relationship with us, you get to partner with a wholesale hobby farm lender who ensures you give your customers what they need throughout the loan process.
We’ll Boost Your Reputation
Our team works hard to ensure our lender partners exceed clients’ expectations. We do this by listening to you and your customers’ needs and respecting your expertise in our partnership. We will always present our best hobby farm loan products that fit your customers’ unique circumstances.
At United Ag Lending, we are dedicated to making sure your clients succeed and your business continues to thrive.
If you want to see how we’ve helped people realize their agricultural goals with our loan products, read our reviews.
Our Team Can Expand Your Book of Business
When brokers, lenders, and banks partner with United Ag Lending, they get access to our customized wholesale hobby farm lender products.
We know that buying a hobby farm is a significant investment, and we have created loan products to help you maintain and attract customers looking to expand their real estate portfolio.
We Provide Guidance Throughout the Lending Process
United Ag Lending is a highly organized company adept at creating customized loan outlines to help your clients through the hobby loan process. We will always detail:
- How our team can address each of your hobby farm loan clients’ needs.
- The financing options we offer to help your client get the hobby farm that meets their needs.
- How our loan products are highly customizable.
The Benefits of Making Us Your Wholesale Hobby Farm Lender
As a specialized wholesale hobby farm loan provider, our team has a flexible approach to providing loan solutions. And because we focus on providing wholesale agricultural real estate products, we don’t get distracted by other mortgage products or loans.
Mortgage lenders, banks, and brokers partner with us because of the following reasons:
Premier Customer Service
Our team is made up of experienced ag industry experts. We have built and continue to maintain valuable relationships with professionals throughout the farming industry to ensure we have the best loan solutions for you and your customers.
Flexible Programs and Competitive Terms
As a wholesale hobby farm lender, we know that agricultural real estate financing isn’t a cookie-cutter industry. We are poised to say “yes” to the hobby farm projects your client has in mind because we offer loans with flexible terms and rates.
Diverse Products for Farmers
United Ag Lending understands that hobby farmers are unique customers with custom needs.
We have an array of flexible agricultural real estate loan products that:
- Offer your clients competitive and creative hobby farm loan solutions that fit your clients’ hobby farm ideas.
- Help loan officers originate hobby farm loans they haven’t been able to produce in the past and get them access to new client opportunities.
Our customized loan products are comprehensive and diverse. Whether your customer is looking to find a hobby farm to grow crops or raise chickens, our wholesale hobby farm loan products can help.
Make United Ag Lending Your Wholesale Hobby Farm Lender
With United Ag Lending, you can count on us to provide you with the wholesale real estate loan products your customers need. We are an expert wholesale hobby farm lender with the knowledge, customer service, responsiveness, and communication skills that set us apart from other agricultural loan lenders.
Our hobby farm loans perfectly represent what United Ag Lending does best: We take the conventional understanding of what a hobby farm loan is and turn it into a flexible solution. We know that most wholesale lenders have strict limitations on what your customers can accomplish with hobby farm loans. Our team is excited to give your clients the flexibility to achieve their hobby farming dreams.
You can count on our company to continue expanding its offerings, bringing the opportunity to originate mortgages for hobby farms to more and more loan officers nationwide.
Are you interested in becoming one of our trusted lender partners? Contact us today to find out more about our loan products and services.
United Ag Lending’s TPO Licensed States: 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, and Wyoming
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