I had my house financed at FHA (farmers home adm) in early 70's. About 80 or 81 FHA said I was making enough to get private financing. I went to two banks and they flat turned me down. Went to Savings and Loan and they were happy to do it. Penciled it out , 3 year and balloon payment at end, about 20% interest. Had to have house appraised, borrow money for that. Would owe more on house after those 3 years than I did at the time. Told him, no way. He laughed and said, what are you going to do about it. I said, not making you any money. They can have the dam house. FHA relinquished and gave me three more years. I refinanced at same savings and loan, different manager, for about 8 or 10 % . Now, in the meantime, FHA had a new manager also. After he sent me the notification after those 3 years that I needed to seek refinancing, he sent me a nasty letter telling me he was going to forclose on me. I went in and gave him his money. This was within about a month or so of getting the letter from him to seek refinancing. He never said in his notice I had to report back to him how it was going. I wrongly assumed he would realize it would take a few weeks to pull all this off. Now he is the president of the bank I use. I still have the letter also. He don't know me from Adam but there are a lot of those working in the bank I know quite well. Haven't needed to deal with him.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
