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by AustinC. 05/21/24 05:01 PM
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135 registered members (Standbanger, CarbonClimber1, GHTiger10, gwstang, jaredhunts, LongBeards29, ronfromramer, BigEd, blade, woodduck, Fishduck, Pwyse, square, kpswihart, MountainTopHunter, HawkPilot, hilljec, jhardy, brett.smith, jwalker77, MAG, jawbone, Justice, furnfeather, WoodleyRoadDeer, imslower, Paddlejon, Woody1, BCLC, Herdbull, Jwillbucks, ALMODUX, buzzard, KnightRyder, lckrn, catdoctor, Parker243, Fullthrottle, JA, Kang, JAT, Okatuppa, Shane99, Gunpowder, XVIII, Bronco 74, Gobble4me757, Hester, BentBarrel, El_Matador, crenshawco, Floorman1, Tree Hanger, jbatey1, Turkey_neck, Turkeyneck78, Rooster600, Ol Backwoods Boy, FreeStateHunter, jeffhhub, klay, CNC, Ridge Life, Turkey, 2walnuts, AustinC, Tupi, Butchman205, treemydog, 300gr, Cactus_buck, Skillet, hawndog, Marengo hunter, kyles, JHL, Petey, Birdman83, dave260rem!, bambam32, trlrdrdave, Chaser357, Austin1, AUjerbear, Auburn1716, MikeP, Jstocks, jake5050, Ryano, BayedUp, RareBreed, jsubrett6, mossyback, PYhunter, Jotjackson, akbejeepin, twaldrop4, Todd1700, Bama Buck, Marbury, 2 ducks, NorthFork, fur_n_feathers, cch, NotsoBright, Reptar, BobK, Grizztrick2, MadMallard, TDog93, bhammedic84, cng0004, MoeBuck, icducks, Cornbread, desertdog, AKB, Coosa buck, PastorJack, WC82, stuball, JohnG, Captain Howdy, Skinner, DuckDown11, 10 invisible),
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Re: Owning / Financing Your Own Land
[Re: blumsden]
#1445751
09/10/15 08:51 AM
09/10/15 08:51 AM
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Joined: Nov 2011
Posts: 21,807
USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,807
USA
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I've used First South Farm Credit, but will never again. They won't let you cut timber without using the money to pay towards the principal. The next 2 times, i used Farmers Merchants bank. 20% down and would go 15 years, if they didn't know you, 20 years if they did. The banking practices changed in 08, so i'm not sure what they do now. I'm sure each loan is different, but I've used First South Farm Credit and cut timber with no problem whatsoever. Did they know you cut the timber? That's what I was thinking too. How the heck would they even know? I doubt Debbie the bank secretary is doing timber cruises on the weekends!
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