Quote:
Originally Posted by Scott S
My home is on 5 acres surrounded by farmland, here in Oregon we have some very whacky land use rules that screw up a lot of real estate deals.
Scott S
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Same as in CA - but, once farmland is re-zoned for housing - for example, one house and a small second house per 5-6 acres there is no problems in CA getting a loan. If your land is still zoned for ag use even though you have a house on it - that may be the issue.
Perhaps your current lender will lower the rate to market? I doesn't hurt to ask.