private funding<\/a> or non-conforming lending.<\/p>\nProperty assessment<\/b><\/p>\n
The lenders usually want to assess the property you\u2019re looking to buy. They pay attention to:<\/p>\n
-purpose \u2013 the property should ideally be for investment or personal goals<\/p>\n
-zoning \u2013 a lender is likely to consider properties zoned for farm-use, commercial use or industrial use as \u2018commercial.\u2019<\/p>\n
-property size \u2013 the land size usually makes the difference between lending under a Home Loan or under Commercial Lending<\/p>\n
-access \u2013 dirt roads are okay if they are maintained well<\/p>\n
-location \u2013 many lenders have restrictions on postcodes, while some have no location restrictions at all<\/p>\n
-services \u2013 is the land within the distance of an electrical grid?<\/p>\n
Do you qualify for the Lo Doc rural farm loan?<\/b><\/p>\n
As we previously stated, different lenders have very different requirements. Many of them offer flexible farm loan terms if you can demonstrate you are capable of making repayments.<\/p>\n
This means that you have plenty of options. But it also means that picking the right lender for your Lo Doc farm loan can become quite a challenge.<\/p>\n
We highly recommend that you look for some professional help, and we are here to offer you just that. Our team at Aglend can investigate many different lenders to find one that is right for you.<\/p>\n
Talk to us at Aglend to find out more about how to get a low doc loan on a rural property.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
If you are looking for a loan for your rural property but you are not exactly keen on being buried with mountains of documentation, lo doc farm loans are your best friend. Let\u2019s break it down. Lo Doc loans What is it? Also known as a \u201clow-documentation loan,\u201d it\u2019s a loan that requires less documentation […]<\/p>\n","protected":false},"author":1,"featured_media":911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97],"tags":[],"post_folder":[91],"_links":{"self":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts\/897"}],"collection":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":1,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"predecessor-version":[{"id":2938,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts\/897\/revisions\/2938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/media\/911"}],"wp:attachment":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/tags?post=897"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/post_folder?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}