Country Living from Farm Credit East is part of the national Farm Credit System. Certain rules apply regarding property and borrower eligibility, which include:
Country Living Farm loans :
These loans are written to people or business entities that intend to become involved in agriculture at the time of loan application or who are currently involved in agriculture. Agriculture includes production agriculture, cash rents from farm assets, forestry and several other sources. Please contact us to help clarify your particular circumstances.
Country Living Home loans :
These loans are written to an individual whose property is located in a rural area and is not involved in farming. The home must be a 1-4 family dwelling and used as the borrower(s)’ primary residence while the value of the property cannot exceed moderately priced for the area. Please contact us to help clarify your particular circumstances.
If you are uncertain as to how the above affects your specific situation, please contact us. Our Mortgage Specialists are very familiar with our lending areas and can help you make the right decisions.