Farm Ownership loan funds may not be utilized to invest in nonfarm enterprises, such as for instance exotic wild birds, tropical seafood, dogs or horses employed for non-farm purposes (rushing, pleasure, show and boarding).

Farm Ownership loan funds may not be utilized to invest in nonfarm enterprises, such as for instance exotic wild birds, tropical seafood, dogs or horses employed for non-farm purposes (rushing, pleasure, show and boarding).

All loan candidates needs to be in a position to meet with the after eligibility that is general:

  • should never have Federal or State conviction(s) for planting, cultivating, growing, creating, harvesting, saving, trafficking, or possession of managed substances
  • have actually the ability that is legal accept responsibility for the loan responsibility
  • have actually an credit history that is acceptable
  • be an united states of america citizen, non-citizen nationwide or legal resident alien of this usa, including Puerto Rico, the U.S. Continue reading