Will USDA loan money to buy just land. I want to purchase 20+ acres.
I would like to eventually build on the property. I want to run cattle in order to supplement my retirement.Additional details of your question here by jamisonkim918520 from Austin, Texas. Feb 16th 2017
William J Acres (William_Acres)
#75 ranked lender in Arizona - 8,728 contributions
No.. USDA does lend for folks to purchase a farm, but if you're just looking for land to build a primary residence on some year down the road, then no.. there is no USDA financing for that.. . I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893
John Schweer (johnschweer)
#24 ranked lender in Kansas - 163 contributions
There are more than one USDA type loan, what you seek is direct from USDA, not a broker. Contact your local USDA government office for details. William is referring to residential homeowner loans, which is not what you need.
Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions
The simple answer is No.
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