Down Payment Help from FSA

Farm Service Agency currently is offering an exciting loan program to assist agricultural producers to purchase farms, construct buildings or other capital improvements. Your bank or lender must finance the first 50% or more of the loan amount at the bank’s rates and terms and FSA can finance up to $300,000 but not more that 50% of the total loan amount and effectually, you would not have to come up with a down payment. FSA’s rate is the direct Farm Ownership rate less 2% with a floor of 2.5% with a term of up to 40 years.

If you have been looking for a way to have your financing needs met, call or contact your local Farm Loan Officer.

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