This document summarizes the key features of 6 popular farm loan programs: The Hobby Farm Loan offers financing from $100,000 to $3,000,000 for primary residences or second homes, with loans up to 80% of the purchase or appraised price and no mortgage insurance or prepayment penalties. The VA Rural Home Loan provides loans from $100,000 to $417,000 for primary residences only, with a minimum 5% down payment, credit scores over 640, and financing up to 95% of the appraised value. The Rural Home Loan finances bare land purchases from $100,000 to $417,000 with a minimum 620 credit score, intent to build