Farm & AG 2018-09-06T19:48:02+00:00

Farm & AG

Farm and Agricultural Mortgage Loan

We Specialize in Farm and Agricultural Mortgage Loans in Cochrane & Airdrie, Alberta

Acreages
• Acreage loans from 1-40 acres
• Down payment varies from 5-20% down
• Will assist with the well testing and septic reports required
• We have years of experience with acreage loans and work with many lenders who we know except these. It is very important to ensure your file is packaged and submitted to the lender properly to avoid any issues.
• We can include the value of 1-40 acres, house and garage (if no garage we can include the space of a double garage for a shop)
• If a mobile home is on the property it must be anchored down
• Turn-key projects available on bare land acreages
• Work with a REALTOR who understands acreage properties

Farms
• Teamed up with Farm Credit Canada to assist clients in packaging their file to submit to FCC. WE also assist client with their business plans when they are required.
• Young Farmers Programs available for 35 and under
• Down payment varies on the product you are looking to purchase
• Do not have to prove farm income for all loans
• Able to build loans for individual circumstances such as pre-payment options and flexibility
• Loans start at prime +1 depending on credit
• Offers longer amortization
• Fixed or floating rates available
• Work with a REALTOR who understands farm properties

Here are some useful links:

http://ilovewesternalbertarealestate.com/037-simple-affordable-turnkey-homes-with-dynamic-modular-homes/

http://ilovewesternalbertarealestate.com/buying-a-property-greg-romp-shares-why-you-need-a-home-inspection/

http://ilovewesternalbertarealestate.com/005-matthew-pawlow-shares-important-details-for-your-subdivision-development/

Rates

TermsPosted RatesOur Rates
Variable2.85%2.45%
1 Year*3.7%3.34%
2 Years*3.55%3.39%
3 Years*4.64%3.49%
4 Years*4.64%3.24%
5 Years*4.24%3.34%

* Rates as of Oct 2, 2018 subject to change.

Prime Rate: 3.70%

Benchmark Qualifying rate: 5.34

Unbeatable Mortgages Rate Table

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