Ajay, Real Estate Pro in Upper Clinton Hill,...

i want to buy farm land can i get finance for the same and i am a foreign national

Asked by Ajay, Upper Clinton Hill, Newark, NJ Sun Oct 24, 2010

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The first question is are you going to farm the land? The second question is do you intend to move to this country and farm the land? It's become so difficult for foregin nationals to get loans with less than 40% down. You may have to check with a credit union to see if they do land deals and to foreign nationals. This may also be considered a commercial loan depending on your use of the property. This may or may not make it easier to buy. My apologies that I'm not well versed on farm land. No one else answered and usually when one person answers, several others do. Good luck!
0 votes Thank Flag Link Sun Oct 24, 2010
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