Our loans are ideal for hobby farms with: Our hobby farm loans are offered to borrowers who have innovative ideas for their project, and we can affirm these projects with fixed rate terms and no early payment penalties. States we serve: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, Wyoming.Have you been told “no” by a bank or lender because your property falls outside of their stipulations? Our hobby farm loans are unique in that they fall outside of traditional agricultural loans and are welcoming to a diverse selection of hobby farms! If you’re ready to share your ideas with our loan experts and receive special recommendations, give us a call or fill out a contact form to schedule your consultation. At United Ag Lending, we understand your farm is your livelihood. You may qualify for our farm loan requirements if you:Įxplore your commercial farm loan options with United Ag Lendingįinding a loan program flexible enough to match what you need as a farmer is tough. How do I know if I qualify for a farm loan? Maybe your farm starts doing well and you’re growing your financial security making early payments and/or paying off the loan early won’t harm you. Let us know if you need a different accommodation. You can pay monthly, semiannually, or annually. If the ag industry had to be defined by one word, we’d choose “flexible.” To honor this truth, we offer a variety of repayment options for different farmers. With us, you’ll get the best of both worlds-the loan amount you’ll need and a low down payment. If your land is $1 million, we can process a loan for $700K. We do this by lending up to 70% of the value of the land. ![]() Loans up to 70% of value offeredĪs a premier ag lender, we want to give everyone the opportunity to get the land they want. We trust the people we work with and want to see you and your farm have success. While most ag lending companies require a 35% to 50% down payment amount, we only ask for a payment as low as 25%. We’ll talk in detail about your operation and financial situation during both our consultation and recommendations processes. If you aren’t sure which method would work best for you, that’s what we’re here for. Some people prefer this method because they know what to expect for the given timeframe. For the entire term of your loan, whether 10 years or 30, your farm loan rate will stay the same. As you probably know, a fixed rate doesn’t change. Just like with the adjustable farm loan rates above, you have a range to choose from with fixed rates too. ![]() If you’re not sure what would work best for you, we can help walk you through the different options. With our farm loan rates, you have quite the range to choose from. ![]() It’ll allow you a lower interest rate at the beginning, then it will change later. So, we offer options.Īn adjustable rate may work best for you as a farmer just starting out. Adjustable and fixed farm loan rate optionsĪt United Ag Lending, our goal is to meet you where you are. We want to make sure our farmers are in the best financial position possible, while still making their plans happen. Our ag loan professionals enjoy workshopping each individual loan situation. Just when our ag professionals think they’ve heard it all, a farmer brings something brand new to the table. Customizable loan programsīecause we know that no two farming operations are the same, our programs are designed to bend. If your industry isn’t on the list, let us know what it is during your consultation. These are industries we commonly finance (although it’s not an all-encompassing list): If that’s not what you’re looking for, one of our other programs may better suit your goals. Our commercial farm loan program is specifically for farmers who are making a living from their farm. If you’re looking for a loan with the best commercial farm loan rates you can invest in, here’s everything you need to know about our program. But now that you’ve stumbled across the ag experts at United Ag Lending, we’re going to use your time wisely. If you answered “no” to any of these questions, we’ll be honest-you’re going down the wrong path.
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