Why Transitioning A Farm From One Generation to the Next is Trickier Than Ever

Why Transitioning A Farm From One Generation to the Next is Trickier Than Ever

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.625%*
First Home Targeted 6.250%* 5.625%*
First Home 6.500%* 5.875%*
Homebuyer Assistance (HBA) 6.750%* - 1st loan
1.000%* - 2nd loan
6.125%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 7.250%* 6.625%*
Welcome Home Assistance (WHA)++ 7.500%* - 1st loan
1.000%* - 2nd loan
6.875%* - 1st loan
1.000%* - 2nd loan

Last changed 05/07/2024 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice. 

++An origination fee up to 0.50% of the loan amount may be charged by Lender.

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Mar 24, 2019

Why Transitioning A Farm From One Generation to the Next is Trickier Than Ever

https://www.kunc.org/post/why-transitioning-farm-one-generation-next-trickier-ever#stream/0