COMMERCIAL HORSE PROPERTIES
In determining your property’s value, we include the land, residence, and equestrian facilities. Our maximum loan to value is 70%. As with our commercial farm and ranch loan, there is no pre-payment penalty, and no percentage limit on cash out. This means you can make the improvements you need to grow your operation and have the comfort of knowing that you will never be penalized for paying off your loan ahead of schedule.
Part-time farms are eligible provided they have a minimum yearly revenue of $10,000, are outside of town limits, and zoned agricultural.
Monthly, semi-annual, and annual payment options
No repayment penalty
Minimum loan amount $500,000
Up to 70% loan