video: VA Loans - For Farms?


As this video shows, you can't buy a farm unless it has a farmhouse that is a substantial part of the farms value with a VA loan.

VA loans are specifically for the veteran's residence.

A VA loan for a farmhouse does not require that the farm be active - there is no farming requirement but if income from farming is part of proposed loan qualification the veteran will be required to show that the farm business can turn a profit.

Check into Federal and state-level programs - such as the Veteran Farmers Project - related to veterans and farming; they may be of assistance in your decision.

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