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It can't be this difficult...what am I missing
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<blockquote data-quote="TheBullLady" data-source="post: 515709" data-attributes="member: 173"><p><span style="color: #BF4000">The reason you're having trouble is definately the fact that you don't have a job opportunity, and you can't show any way to repay the loan! I understand you want to start ranching, but let's face it.. that's not a good career choice for someone that has never done it before, and it's not going to look very good to a lender.. no matter how much you have down. What kind of price range are you looking for? That's going to have a lot to do with your options as well. FSA doesn't want to loan small amounts.. they want to loan large amounts. The last one I did they told my client they wanted to loan her at least $350,000. And FSA IS a good option.. especially if you're a minority, or a youngster. BUT you have to have a well planned, thought out business plan to show them, or they aren't going to be interested. If you know what area you are interested in, why don't you take a trip and sit down with the USDA / FSA loan officer? </span></p></blockquote><p></p>
[QUOTE="TheBullLady, post: 515709, member: 173"] [color=#BF4000]The reason you're having trouble is definately the fact that you don't have a job opportunity, and you can't show any way to repay the loan! I understand you want to start ranching, but let's face it.. that's not a good career choice for someone that has never done it before, and it's not going to look very good to a lender.. no matter how much you have down. What kind of price range are you looking for? That's going to have a lot to do with your options as well. FSA doesn't want to loan small amounts.. they want to loan large amounts. The last one I did they told my client they wanted to loan her at least $350,000. And FSA IS a good option.. especially if you're a minority, or a youngster. BUT you have to have a well planned, thought out business plan to show them, or they aren't going to be interested. If you know what area you are interested in, why don't you take a trip and sit down with the USDA / FSA loan officer? [/color] [/QUOTE]
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It can't be this difficult...what am I missing
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