Purchasing property question

[Dr. Evil]

Typically, what is the required % down payment on buying hunting property? Does it vary or is it pretty much 20%?

Thanks

[CoachS]

In my experiences I’ve seen it as low as 15 percent through Capital farm credit. That was for raw land (hunting property)

[C.W.Ashby]

15-30% down through "regular" lenders
Some land with owner terms are as low as 5-10%

[mkguthrie]

We purchased through capital farm credit, 20% down.

[texasdeerhunter]

You should get a better deal (interest rate and fees) if you put 20% down, but there are options out there to put 15% down.

[Antlers86]

My local bank only required 10% but I ended up putting 15% down.

[JBJTX81]

I put 15% down on my place through lone star ag credit

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[DRT]

I put 100% down.

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[Ksbowhunter]

Typically in land the longer the term the more they require down. 30 yr note will likely be 20% plus down. You can get a 10 yr note with little to none down.

Ag credit lenders are going to be the cheapest rates.

[camoclad]

Typically in land the longer the term the more they require down. 30 yr note will likely be 20% plus down. You can get a 10 yr note with little to none down.

Ag credit lenders are going to be the cheapest rates.

Good info ^^

[Diamond07]

I put 100% down.

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Thursday night flex

[DRT]

Thursday night flex

Nah I just hated to go into debt. But it's fixin to happen however we have enough land equity to not need a down for the next purchase.

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[redfishted]

I just did a deal with capital farm credit 20% down.

[DUKFVR]

Get with Codie on here. He can answer your questions. Great guy to deal with

[griffdpz71]

Just bought land in concan closed on it oct. 28th of 2020. I only had to put down 15% with capitol farm credit. Your credit score must be excellent though.