Farm Land Loans

Farm land loans are programs intended to help the small "family" farmer who may not qualify for a standard loan.

What are the Eligibility Requirements?

Most farm land loans will have the following requirements:

  • Full-time farmer -You may be a hobby farmer as long as you intend to become a fulltime farmer over time.

  • State resident -Most farm land loans will be associated with a particular state and will require for you to be a resident of that state.

  • Maximum net worth - Most programs are intended for the individual who has limited personal wealth, typically less than $500,000.

  • Financial need for a loan and the ability to repay the loan

  • Principal operator of the farm

  • Willing to consult a student farm management program
A Farm land loan is typically very similar to a standard mortgage. In many cases the terms will be:

  • Down payment - Typically this is a minimum of 10%.

  • Length of loan - The loan will usually be available up to 30 years.
Farm land loans typically have a maximum totally aggregate amount that may be financed. In many cases this limit is $200,000.

If you are renting acreage and are considering becoming a fulltime farmer, or if you currently own land and want to make farm type improvements, you may want to consider a farm land loan.


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