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?'s on FSA guarantee operation loans
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idaho dry farmer
Posted 10/17/2010 19:53 (#1398054)
Subject: ?'s on FSA guarantee operation loans


Southern Idaho
any one on here have a fsa guarantee loan through a bank, have chance to add more ground and i know do not have enough assets to borrow the amount of money to farm two places so was wonderin if any experience in this fsa stuff, have always been with the local bank but was told by my retiring loan officer that i would not qualify by there loan standards for the amount needed to operate, not enough hard collateral was what he told me. and read on the fsa website they offer up to 90% guarantee on operating loans to banks.

just curious,

tia,

idaho dry

Edited by idaho dry farmer 10/17/2010 19:54
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