George Blackburne III Owner of C-Loans, Inc.

george blackburne photo

Subscribe via E-mail

Your email:

Connect with C-Loans

If You Like This Blog, Please Click +1

Posts by category

Commercial Loans Blog

Current Articles | RSS Feed RSS Feed

Hard Money Farm Land Loans From Blackburne & Sons


Blackburne & Sons may be the only hard money farm land lender in the country.  We love making hard money loans on farm land.

Why farm land?  Farm land is the only class of real estate that has appreciated since the start of the Great Recession.  Blackburne & Sons is so bullish on farm land that we actually put together eleven little syndicates to buy farms here in Northern Indiana.  Those syndicates did well.  We have already sold seven of them for a handsome profit.


The typical loan is 12.9% to 13.9%, 3 to 5 points, 25 years amortized, due in two years, with no prepayment penalty.  We will lend between 40% and 65% of value, depending on the borrower's income and credit.  We might go as high as 70% LTV on a purchase, if the buyer was putting down 30%.

Mortgage brokers should prominently emphasize the availability of hard money farm loans in their flyers and newsletters because they will have very little competition.  This is a fast and  easy way to earn a large commission.

If you found this article to be instructive, I strongly encourage you to subscribe to our blog via email.  To get a copy of each new training blog article as it comes out, without having to remember to come back, please fill in your email address in the space provided on the right.

Lastly, if you're a buddy or a former student of mine, would you please do me the great kindness of hitting the Like button, the Google+1 button, and the Linked-In Share button above.  Thanks so much.  :-)








Currently, there are no comments. Be the first to post one!
Post Comment
Website (optional)

Allowed tags: <a> link, <b> bold, <i> italics