Farm Credit Services is also a good lender when it comes to log homes.
I’m surprised anyone has issues financing log homes. They appreciate much faster than 2x4 homes.
It is really weird. About two years ago FM and FM changed their rules for insurance which excluded hay bale, log and dome homes. What they told me was that any bank/institution could assume the full risk and lend but they would not insure them.
We have been trying to refinance our dome since we can’t sell it, and are stuck with BofA because they hold the original loan and are required by law to refinance under the current programs. They maybe required but they are sure dragging their feet on the refi.
I mean what is the big deal, it’s a three bedroom, two bath, 2000 sq ft house with a four car garage and 500 sq ft office on 2.5 acres, that is just round on top.
Why is that so difficult.......
Glad you were successful in your endeavors.