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by Megan86
Fri Jan 18, 2019 9:38 pm
Forum: Home Loan Forum
Topic: What do banks think about hobby farms?
Replies: 4
Views: 1155

Re: What do banks think about hobby farms?

Thank you for assisting me through this decision. I will take all the information you’ve provided me into consideration while making my decision. Hopefully, I can reach out to Home Loan Experts within the next few months to take this forward.

Regards,
Megan Monohan
by Megan86
Fri Jan 18, 2019 9:07 pm
Forum: Home Loan Forum
Topic: What do banks think about hobby farms?
Replies: 4
Views: 1155

Re: What do banks think about hobby farms?

Hey, Thanks for the prompt response. It really helped. I know that hobby farms shouldn’t generate any sort of profit or be used for any commercial basis. But I also wanted to know what items I would be allowed to own if I were to own hobby farm. At what point does a hobby farm become a commercial fa...
by Megan86
Fri Jan 18, 2019 8:19 pm
Forum: Home Loan Forum
Topic: What do banks think about hobby farms?
Replies: 4
Views: 1155

What do banks think about hobby farms?

Hello,

I am a working clinical psychologist who is looking to purchase a decent 30-hectare large hobby farm around the outskirts of Townsville. I wanted to know how much I can borrow to purchase a rural property of this size.

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