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Hunting Land Lenders

Posted By: hamma

Hunting Land Lenders - 12/07/20 09:26 PM

Who are the best Land Lenders to use in AL?
Thanks guys
Posted By: DonH

Re: Hunting Land Lenders - 12/08/20 12:04 AM

alabama ag credit.
Posted By: AU7MM08

Re: Hunting Land Lenders - 12/08/20 12:22 AM

I've been pleased with Alabama Ag.
15% down, 85% financed for up to 20 years, I got 4.3% as the rate but they issue a 1%+/- dividend back yearly.
Posted By: StateLine

Re: Hunting Land Lenders - 12/08/20 02:10 AM

Another vote for Alabama Ag Credit.
Posted By: BD

Re: Hunting Land Lenders - 12/08/20 02:56 AM

Originally Posted by StateLine
Another vote for Alabama Ag Credit.
Posted By: Overland

Re: Hunting Land Lenders - 12/08/20 02:47 PM

Alabama AG credit. Traditional banks and CUs can have difficulty financing raw, rural land without a house on it and without a larger down payment. Specialty lenders like Alabama AG know what they are doing and as AU7MM08 said, they pay an annual dividend.
Posted By: Squadron77

Re: Hunting Land Lenders - 12/08/20 08:15 PM

Alabama AG is who I use. Here's my contact.

JOHN MATULIA
Relationship Manager
Montgomery Branch
(O) 334-270-8686 | (D) 334-694-5606 | (C)334-312-0507
John.Matulia@AlabamaAgCredit.com

www.AlabamaAgCredit.com
Posted By: Mhkodiak

Re: Hunting Land Lenders - 12/09/20 01:12 AM

Originally Posted by Squadron77
Alabama AG is who I use. Here's my contact.

JOHN MATULIA
Relationship Manager
Montgomery Branch
(O) 334-270-8686 | (D) 334-694-5606 | (C)334-312-0507
John.Matulia@AlabamaAgCredit.com

www.AlabamaAgCredit.com

Closing on a small tract of 52 acres with this guy this month. He is very good to deal with.
Posted By: Auburn_03

Re: Hunting Land Lenders - 12/09/20 01:54 AM

First South Farm Credit
Posted By: T-town

Re: Hunting Land Lenders - 12/09/20 04:07 PM

First South Farm Credit gave us better terms than Alabama Ag. Both are good folks to work with and I would definitely have both of them look at for you.
Posted By: JoeBuck

Re: Hunting Land Lenders - 12/09/20 05:12 PM

I just paid off my farm/timber land loan at AL AG and had a great experience with them. When I was getting the loan initally I had AL AG and First South both give me quotes. At that time AL AG was a better deal but like T-Town said I would definitley talk to both of them. Probably cannot go wrong either way. Good luck!
Posted By: Bill Holcombe

Re: Hunting Land Lenders - 12/10/20 06:18 PM

any body looking for turkey hunting wrights on 262 in valley grand near Selma $650.00 call 205-420-2273
Posted By: CNC

Re: Hunting Land Lenders - 12/11/20 12:55 AM

Originally Posted by Bill Holcombe
any body looking for turkey hunting wrights on 262 in valley grand near Selma $650.00 call 205-420-2273




Welcome Bill.......Great first post...... thumbup You should be popular around here....... grin
Posted By: UA Hunter

Re: Hunting Land Lenders - 12/11/20 02:21 AM

Good experiences with Farm South. At one time the coops basically had territories, so who you used would be relative to where you are buying. Not sure if that's still the case. Regardless the coops are better than conventional banks on land.
Posted By: DonH

Re: Hunting Land Lenders - 12/14/20 11:25 AM

ala ag credit used to issue a 100 dollar visa card to the member that recommends a new member for financing/membership in coop.
Posted By: chipmunck2

Re: Hunting Land Lenders - 12/28/20 02:40 AM

I’ve got mine leased with Alabama Farm Credit they are great folks to deal with.
Posted By: Hayden10

Re: Hunting Land Lenders - 12/28/20 05:32 PM

Hey guys I am Hayden Nichols with Tutt Land Company. I work in the central Alabama area and we specialize in helping people buy or sell timberland, hunting land, recreational, and investment properties. If you are interested in buying or selling land please call/text me at (205)-799-1495 or email hayden@tuttland.com. I'd love to assist you in anyway I can, thanks and God bless!
Posted By: JHH

Re: Hunting Land Lenders - 01/12/21 09:41 PM

Alabama ag credit.
Posted By: Acorn

Re: Hunting Land Lenders - 01/22/21 12:42 PM

Has anyone checked recent rates and terms?
Posted By: AU7MM08

Re: Hunting Land Lenders - 01/22/21 01:33 PM

For good credit I'm going to assume around not all that much different than what I got in July.
Alabama Ag Credit I'm going to guess is around 4.25%+/- for excellent credit. They issue a 1%+/- dividend back each year.

Call them up this morning.
Posted By: ALFisher

Re: Hunting Land Lenders - 01/22/21 11:34 PM

Almost all ag credit loans are variable, so it will different in a few years after you sign up. They are also a little hard to deal with if you want to cut timber. Overall, the dividend makes your rate effectively lower and generally easy to deal with. Speaking of Ala. Ag credit
Posted By: NightHunter

Re: Hunting Land Lenders - 01/23/21 02:18 AM

First South Farm Credit has done a ton of lending with my customers. I’d say the folks I sell to use First South 3 to 1 here.
Posted By: AU7MM08

Re: Hunting Land Lenders - 01/23/21 02:47 AM

Originally Posted by ALFisher
Almost all ag credit loans are variable, so it will different in a few years after you sign up. They are also a little hard to deal with if you want to cut timber. Overall, the dividend makes your rate effectively lower and generally easy to deal with. Speaking of Ala. Ag credit


My loan with Alabama Ag is fixed.
Posted By: Turkey_neck

Re: Hunting Land Lenders - 01/24/21 03:29 PM

Originally Posted by AU7MM08
Originally Posted by ALFisher
Almost all ag credit loans are variable, so it will different in a few years after you sign up. They are also a little hard to deal with if you want to cut timber. Overall, the dividend makes your rate effectively lower and generally easy to deal with. Speaking of Ala. Ag credit


My loan with Alabama Ag is fixed.

So is mine. I’m not doing anything with a variable rate.
Posted By: AU7MM08

Re: Hunting Land Lenders - 01/24/21 05:13 PM

Originally Posted by Turkey_neck
Originally Posted by AU7MM08
Originally Posted by ALFisher
Almost all ag credit loans are variable, so it will different in a few years after you sign up. They are also a little hard to deal with if you want to cut timber. Overall, the dividend makes your rate effectively lower and generally easy to deal with. Speaking of Ala. Ag credit


My loan with Alabama Ag is fixed.

So is mine. I’m not doing anything with a variable rate.


Ya especially considering right now interest rates theoretically can only go one direction from here.
Posted By: Remington270

Re: Hunting Land Lenders - 01/24/21 09:35 PM

Originally Posted by AU7MM08
Originally Posted by Turkey_neck
Originally Posted by AU7MM08
Originally Posted by ALFisher
Almost all ag credit loans are variable, so it will different in a few years after you sign up. They are also a little hard to deal with if you want to cut timber. Overall, the dividend makes your rate effectively lower and generally easy to deal with. Speaking of Ala. Ag credit


My loan with Alabama Ag is fixed.

So is mine. I’m not doing anything with a variable rate.


Ya especially considering right now interest rates theoretically can only go one direction from here.


Down? laugh
Posted By: k bush

Re: Hunting Land Lenders - 01/25/21 02:08 PM

Originally Posted by Hayden10
Hey guys I am Hayden Nichols with Tutt Land Company. I work in the central Alabama area and we specialize in helping people buy or sell timberland, hunting land, recreational, and investment properties. If you are interested in buying or selling land please call/text me at (205)-799-1495 or email hayden@tuttland.com. I'd love to assist you in anyway I can, thanks and God bless!



Hayden is a good guy. Give him a call and see what he can do for you.
Posted By: Squadron77

Re: Hunting Land Lenders - 01/25/21 02:18 PM

I had Alabama Ag do a loan 2 weeks ago at fixed rate of %3.78.
Posted By: Bama_Bow_Hunter

Re: Hunting Land Lenders - 01/25/21 02:47 PM

Another vote for John Matulia at Alabama Ag Credit. Fixed rate for me also.
Posted By: AU7MM08

Re: Hunting Land Lenders - 01/25/21 03:19 PM

Originally Posted by Squadron77
I had Alabama Ag do a loan 2 weeks ago at fixed rate of %3.78.


Very nice. What term length?
Posted By: Squadron77

Re: Hunting Land Lenders - 01/26/21 04:19 PM

Originally Posted by AU7MM08
Originally Posted by Squadron77
I had Alabama Ag do a loan 2 weeks ago at fixed rate of %3.78.


Very nice. What term length?

15 year note.
Posted By: globe

Re: Hunting Land Lenders - 01/27/21 04:31 PM

I used First South in Northport back in 09.
They actually waived the surveying because all the borders were clearly marked.
Few questions to ask is “what can I and what can’t I do with my land while it’s in Lien”.
Cut timber, site prep, etc..
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