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Rules for Farmers on Spokane Land Bank Loans
Rules and regulations issued by D. G. O Shea president of the federal land bank of Spokane outline loan eligibility rules for farmers in Washington Montana Idaho and Oregon. Borrowers may obtain up to 50 percent of land value plus 20 percent of insurable improvements with loans from 100 to 10000 dollars and a five to 40 year term. Associations must have 10 borrowers, appoint officers, post bonds, and undergo loan committee review with personal inspections and formal abstracts.
MENTIONED IN THIS ARTICLE
Federal Land Bank of
Spokane
D. G. O'Shea
Washington, D. C
O'Shea
Washington
Montana
Idaho
Oregon
Association
Federal Land Bank
Fidelity Tone
Land Bank of
Federal Farm Loan Boards
James J. Brown
J. J. Brown