Can I Buy A Farm With a VA Loan?
As this Team NuVision video shows, you can’t buy a farm unless it has a farmhouse that is a substantial part of the farm’s value with a VA loan. VA loans are specifically for the veteran’s residence.
A VA loan for a farmhouse does not require that the farm be active - there is no “farming requirement” but if income from farming is part of proposed loan qualification the veteran will be required to show that the farm business can turn a profit.
Check into Federal and state-level programs - such as the Veteran Farmers Project - related to veterans and farming; they may be of assistance in your decision.
