The Money Talk Nobody Wants to Have Before Buying Land (But Should)
There's a particular kind of regret that shows up about four months after closing on a piece of ground, and it has nothing to do with the land itself. It's the regret of realizing you structured the loan wrong, or missed a program that would've saved you two points of interest, or learned the hard way that "pre-qualified" and "pre-approved" aren't the same thing. I've watched friends make this mistake. I've almost made it myself. So when TrophyCast sat down with Daniel Steininger from Bank of Springfield to talk through the actual mechanics of financing recreational and farm ground, I paid closer attention than I expected to.
Steininger is a Mizzou grad who's spent his entire career at the bank, spending his days underwriting the exact loans that put people onto the land they've dreamed about since sitting in a tree stand their uncle built...