Homesteader Depot

Tag: property

  • 10 Loans and Grants to Help Your Homestead

    10 Loans and Grants to Help Your Homestead

    Dreaming of a homestead but don’t have the cash?  If money is the only thing stopping you, there are options that can get you the money you need to start or improve your homestead.

    These grants are low or no money down loans are specifically designated to rehab older farms or build new ones. From agricultural to livestock funding you can get the money you need to update or get started your homestead.

    10 Grants and Zero or Low Money Down Loans Available for Homesteading

     

    Agricultural Reinvestment Fund Grants

    If you are an existing farmer in North Carolina, you can request $8,000 annually to invest in the agricultural development of your existing operation.

     

    Farmers Market Promotion

    This promotion program was created to give an affordable way for farmers to market their produce and support regional and local agricultural sources. The funds may be used to create new or improve existing products’ sales opportunities.

     

    FSA Operating Loan

    The FSA low or no money down loans provides up to $35,000 to farmers for startup expenses.  These expenses can be utilized for the purchase of supplies like livestock, seeds, crops, fencing and machinery and fertilizer.

     

    USDA Beginning Farms Loan

    Farm loans and grants may be awarded for the purpose of converting wild acreage into pasture land and repair roads for better access and to lower stormwater run-off.

     

    USDA Rural Development Loan

    The Rural Development loans program are awarded for the purpose of agricultural land purchases.

     

    Fannie Mae Home Ready Loan

    This loan allows a borrower to have a debt to income ration higher than 45%, making it easier to receive a loan even if your credit record isn’t the best. The loan requires a 3% down payment and features reasonable interest rates.  It also allows the borrower to use funds from other government programs to pay the down-payment.

    Minority and Women Farmers and Ranchers Grants and Loans

    As the title implies, these homesteading grants and loans are focused on assisting Women and Minority residents.  The grants can be used for property clearing for residential use by the borrower or commercial farming.

    Applicants for the loans must meet the 640+ credit score required for all farm loans.

     

    Missouri Beef Grants

    If you are an existing farmer or rancher in the state of Missouri, you can apply for a $20,000 grant.  The funds must be used for enhancements to existing agriculture endeavors for the purpose of expanding the business or modernizing the current operation.

     

    National Sustainable Agriculture Commission Down Payment Assistance

    This Commission program provides funds specifically for the purpose of making down payments.  Qualifying applicants must be beginning and socially disadvantaged farmers and ranchers.

    Socially disadvantaged loan applicants are categorized as at least one of the following demographics:

    • African Americans
    • Alaskan Natives
    • Asian Americans
    • Native Americans
    • Native Hawaiians
    • Hispanics
    • Pacific Islanders
    • Women

    Applicants must show at least three years of farming or similar experience as well as other requirements to receive this down payment assistance.

     

    Organic Farming Research Foundation Grants and Loans

    If you are experimenting with non-traditional crops or growing operations, there are funding opportunities to help you along.

    These small grants to help organic farmers to improve their operation and property are available in all 50 states.  The size of your homestead or your income is not a factor in awarding funds.

     

    You CAN Become a Homestead Owner

    Homesteading is a lifestyle that can be very rewarding.  If you are already working a property or are seriously interested in doing so, raising money to help you move forward is possible.  You don’t have to do it alone.

  • Essential Elements Your Homestead Property Needs

    Essential Elements Your Homestead Property Needs

    Those who are considering buying a homestead property are often very excited about starting this new lifestyle. They are looking for the “perfect” piece of property, and this is not always easy to find, as they do not know exactly what it is they should seek in a homestead. This is especially a problem for those who are just getting started with homesteading. The following tips will help you to remember some of the essentials.

    First, you need to have a good source of water on the property. This will typically mean a well and pump. You will want to talk with neighbors and those who are selling the property about what they are using. Reliability is essential. It is also a good idea to have the water tested before you buy, just to make sure it is safe.

    You should also consider how easy or difficult it is to access the property. Many who are homesteading like the idea of being in the “middle of nowhere”. However, you still need to have access to the road throughout the year, so what will you do if there is too much snow, or if the area floods? Know who is responsible for clearing the roads that access your property. If you are responsible for it, be sure you have the equipment needed to take care of any problems that come your way.

    What about power? How close are the power lines if you want to be connected to the grid? Are you going to get a generator, use solar, use wood heating, or have a combination of these methods? Figure out what you need before you buy, and make sure it is convenient for you.

    These are some of the most important things to consider when you and your family are buying a homestead property. Do not forget them.

    If you enjoyed this, you might also like….

    How Safe is Your Family?

    Natural Healing Secrets You Need to Know…

    Effective Primal Diet Hacks…