One of our preferred lenders, Northview Bank, Willow River, MN weathered the financial crisis better than many banks. They’re still lending money for bare land where others have curtailed lending. Loans from Northview are underwritten by Northview, meaning MN people who understand rural financing are making the decisions. Loans can close more quickly, loan payments are made to Northview and your questions can be answered by someone at Northview instead of some other part of the world.
Winter financing specials with 3 & 5 year rate locks available and a 15 year, fixed rate, fully amortized loan available, too. Rates are quoted at 5.9% to 6.9%.
Call Paul Troskey, loan officer, at 1-800-450-7575 directly or contact LandRadar.com at 1-866-403-LAND (5263) if you have financing questions.
