Farm Operating Loans Explained
Loans and lines of credit are two different financing options borrowers can leverage to help manage working capital while maintaining adequate cash on hand.
4 minute readNow through October 31, refinance an existing ag loan from another lender and we’ll take care of the closing costs*.
Why Refinance Your Land Loan?
Lower Payments
Find a payment that works for your operation’s cash flow.
How can you get a lower payment?
Long-term fixed-rate loans can help reduce your current payment and protect your working capital.
Get Cash Out
Refinance to grow your operation, pay off other debt or use equity as working capital.
How does a cash out refinance work?
Refinance to use the equity you already have in the land, giving you options to pay off other debt, cover unexpected costs or help your cash flow. The amount of equity you are able to cash out varies by lender and borrower circumstances.
Save Money
Reduce your interest rate or change the term of your loan to reduce total interest paid.
How can you save money on a new land loan?
Get competitive rates including fixed, variable, adjustable and interim-fixed rates that could be a better option than your current loan.
Lower Payments
Find a payment that works for your operation’s cash flow.
Get Cash Out
Refinance to grow your operation, pay off other debt or use equity as working capital.
Save Money
Reduce your interest rate or change the term of your loan to reduce total interest paid.
Loan Payment Calculator
This is an estimate of loan payments. The actual payment amounts may vary depending on the interest rate, closing date and other factors.
Why finance through FarmLend?
Competitive Rates
Get fixed rates for the life of a land loan or variable and adjustable rates.
Ag-friendly Terms
Flexible terms, including long-term options on farm mortgage loans.
Flexible Payment Options
Choose monthly, quarterly, semiannual or annual payments to meet your cash flow needs.
Customer-Owned
As a cooperative, earnings are either returned to customer-owners through a patronage program or retained as capital to weather economic cycles.
What Our Customers Say
Create a legacy
Brian refinanced vacant agricultural land and started to build a legacy.
Building relationships
Mitch built a relationship with a local office that will help him plan for the future and grow his operation.
Financing on my terms and my time
Ryan shares the ease and convenience of applying for financing after business hours.
Doing things on your terms
Crystal discusses how applying online gave her time to prepare and move at her own pace.
Learning Center
Understanding Different Types of Land Auctions
Just as every property is different, so are the ways farmland can be effectively sold at auction. When landowners elect to sell their real estate, they must decide which auction methods will be used to conduct the sale.
3 minute read
Land Auctions: Best Practices and What to Expect
Whether you’re looking to purchase ag real estate at an auction online or in person, understanding the best practices for preparation, bidding, and closing on that land can make a huge difference in your success.
4 minute read*Covered closing costs for refinancing include title exam fees, title insurance and abstracting expenses, future advance endorsement fee, mechanic’s lien affidavit, closing fee, credit bureau fee, appraisal fee, recording/filing fee, UCC fixture filing fee and flood determination fee. Multiple purpose loans will incur additional fees. Secondary fees such as 1031 Exchange, loan prepayment, real estate commission and survey expenses are not covered. Contact your Financial Officer for complete special offer details. Certain terms and conditions may apply. FarmLend® is a website that provides online access to financing programs offered by participating associations of the nationwide Farm Credit System. All financing is subject to credit approval and eligibility determinations. Associations within the Farm Credit System are Equal Housing Lenders. FarmLend and Powered by Farm Credit® are registered service marks owned by Farm Credit Services of America, ACA.