Average interest rate for land contracts in michigan
This land loan calculator computes monthly payments & the total interest based of land loans you should expect to receive a higher than average interest rate to buying land, there are two basic forms of owner financing – 'contract for deed' GreenStone offers farm land loans, farm land financing, agricultural land loans, and farm real estate loans in Michigan and Wisconsin. Agriculture real estate loans can be used to finance or refinance farm land purchases, land contracts, land improvement and Flexible interest rate options; Eligible for patronage. Current Interest Rates simplifies information on the types of farm loans available; how to apply for a guaranteed loan, direct loan, or land contract guarantee;