i wish the fsa was more helpful

Wow, do I wish they were more helpful. I have talked to a number of loan officers in different counties and gotten different responses from all of them. Unless you plan to milk cows or plant hundreds of acres in corn, they don’t know what to do.  One guy was flat out no help at all. He told me that he didn’t really know how to help me and implied that he didn’t really want to learn. Also he gave me the wrong loan information. It turns out that there is more than one loan out there for people like me: wanting a farm but having no money. Good thing I decided not to farm in his county.

Then I talked to some other guy and he also told me that he was not really sure how to help me but he seemed willing to try if I would have pressed him. Which I didn’t because I was still working on coming up with that down payment.

I came up with that down payment, well most of it, and called to find out who would help me fill out this ridiculous application. I had to drive to Madison, seems silly but OK. And I met with a loan officer who was actually helpful. Turns out I didn’t need a down payment at all. Fine, now I have some operating money saved. But the downside is that a few of the properties that would have been a great fit for me are sold. Alright, that’s OK, we’ve moved on. We’re getting ready to make an offer and I have just a few more questions about this application. Now the once helpful loan officer is not returning my calls.

This application is so redundant and so not applicable to my operation, see above comment about cows and corn. But I have it mostly done after months coming up with theoretical numbers and figuring out how to convert bouquets to bushels. Now I am just wondering if they will actually loan me the money or not. They don’t have any to give out as we speak so I just have to get in line, for potentially six months. That seems like a tough sell when negotiating a price for a piece of land.

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