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Re: Real estate loans, Banks vs Farm credit servic
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Posted by John (C-IL) on December 02, 2003 at 12:07:48 from (12.109.70.88):
In Reply to: Real estate loans, Banks vs Farm credit services posted by Larry NE IL on December 02, 2003 at 11:39:34:
If you have a good relationship with your bank and they are willing to cover your needs stay with them. I have talked to FCS a few times and they always end up frustrating me because of their stock requirements and "you aren't big enough" attitude. When I bought my farm I had a substantial down payment and they weren't willing to loan me $40,000 to finish the deal because it "wasn't worth their while". I called my bank and got the loan with a phone call and a financial statement.
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