A veteran generally cannot get a VA loan to purchase a farm with one notable exception. If the farm has a residence where the veteran intends to live. There is no 'farming requirement' for this kind of purchase, but if the veteran does intend to operate a farm business as a major source of income for loan qualification purposes, it's required to show that the business can turn a profit. There are other options available to veterans who wish to operate a farm. The Farmers Home Administration does show preference to veterans, and can be used as a way to finance veteran-owned farm operations.

For additional information feel free to contact me directly @ (832) 519-0695) or email me @ henry@GoToEquityMortgage.com

 

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Henry Daniels -- Government Loan Specialist with VA, FHA & USDA Mortgages

Conroe, TX

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AMG, LLC - THE One Stop Source VA, FHA & USDA Loans

Office Phone: (832) 519-0695

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