Spencerport, New York
Dwight Campbell, of Spencerport, N.Y., wanted to purchase a farm with enough acreage to build a home and raise his horses. He found an 80-acre property that would perfectly suit his needs. Luckily for Dwight, the auctioneer who was selling the property recommended he look into Farm Credit East’s Country Living loans.
Dwight recalls, “When I called Country Living for the first time, I asked, “How much land will you finance?” Mike’s answer was, “How much do you have? Land is what we do.”
“Most banks have problems financing vacant land, active farms and home construction,” said Mike Johel, Dwight Campbell’s Country Living loan officer. “But this is not a problem for Country Living.”
Country Living offered a way for Dwight to finance his property and future construction, with the help of experts who appraise large acreage properties. “A loan from Country Living wasn’t Dwight’s only choice,” said Mike. “But it was a good choice for him because of the products, terms, rates and relationship that we could offer him.”
“The Country Living program looks at the value of raw land. It impressed me that both the appraiser and my loan officer came out to walk the entire 80 acres with me. They are so easy to work with, and they love land,” said Dwight. “Country Living understands the value of rural properties.”