Stewart Brown Jr – Mortgage Loan Originator – Purchase or Refinance

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What is a Hobby Farm Loan?

People who wish to finance a home on a property where they can produce some supplemental income from agricultural activity such as crops, livestock, hay, alfalfa. A hobby farm can have many different definitions. At it’s core, a hobby farm is something used primarily for pleasure or supplemental income rather than for primary income. The owner of a hobby farm typically has another primary source of income, like a full-time office job, or a pension or retirement income. The main point of a hobby farm is not to make money—it’s something that can be engaged in as a hobby.

What is a Hobby Farm Loan?

People who wish to finance a home on a property where they can produce some supplemental income from agricultural activity such as crops, livestock, hay, alfalfa. A hobby farm can have many different definitions. At it’s core, a hobby farm is something used primarily for pleasure or supplemental income rather than for primary income. The owner of a hobby farm typically has another primary source of income, like a full-time office job, or a pension or retirement income. The main point of a hobby farm is not to make money—it’s something that can be engaged in as a hobby.

Reach out to me for further detailed information on Hobby Farm loan programs. 

 

Guidelines for Hobby Farm loans are subject to change when there are adjustments to government and lender policies, interest rate modifications, and fluctuations in the economy.

Special Situations / Non-Traditional Loan Solutions

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