Land Loan Application Checklist
What’s needed to apply for a land loan? Whether you are buying or refinancing farmland, we’ve got you covered with this checklist.
2 minutesWhy 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.
Land Loan Rates and Terms That Fit Your Cash Flow.
Competitive Rates
Get fixed rates for the life of a land loan or interim-fixed, variable or adjustable rates, including rate conversions.
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
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 through the online process gave her time to prepare, allowing her to move at her own pace.
You can do it all online
Crystal expresses why the speed and simplicity of filling out the online application were important to her.
Learning Center
Cap Rate for Farmland: Calculating Rate of Return
Estimating the value of farmland doesn’t have to be a guessing game. Make the most of your next land investment by using cap rate as a reference point to justify the purchase price and calculate your rate of return.
2 minutes
Land Loan Process: Step-by-Step Guide
Interested in expanding your farm operation or diversifying your investment portfolio? If you’re thinking about borrowing money for your next land purchase or refinancing an existing land loan, it’s a good idea to familiarize yourself with the land loan process before you apply for financing.
5 minutes