Our Farm Loan Process

Man In Cowboy Hat

Initial Contact

We are happy to discuss qualifications, loan options, current rates, and more. The first step to receiving a loan is to submit an online application or give us a call.

Dirty Hands

Apply

When your inquiry is received, our team will start collecting the necessary information and documentation to process your loan. We will discuss your farm operation, financing needs, and the best options available for you.

Man Holding Beets

Processing and Pre-Approval

Once all necessary documentation has been collected, we start by pulling a credit report and analyzing data to ensure all qualifications are met. Provided all qualifications have been met, pre-approval is issued.

Man Spreading Seed

Underwriting

After you receive pre-approval, we prepare your loan package for review by our in-house underwriting team. Our underwriting specialists may ask for clarification or additional items, as needed, before the final approval. Additional information required can be specific to your situation and local regulations.

Man Rolling Sod

Appraisal

Independent appraisers from our nationwide network of ARA Certified Appraisers submit bids, the best of which we present to you. From our selection, you choose an appraiser and timeline that best fits your needs. We then collect the associated fee and contract your chosen appraiser.

woman harvesting apples

Rate Lock & Closing

As soon as all terms are met, and the appraisal reviewed, the loan can be rate locked. Once the closing documents and funds receive approval, we send them to your local title company. All documents are then signed, at which point the money is dispersed to the parties, and your transaction is complete.

farmer inspecting crops

Servicing

In addition to handling any questions or concerns regarding your loan, we remain your service representative throughout the duration of your loan. If you would like to make changes, such as increase your line of credit, make payments, or receive financial advice, we are here to help.

Ready To Get The Process Started?

What People Are Saying

Mike Kinyoun and Nina were wonderful. They always responded promptly and assisted us through the entire process. We required a quick turnaround and they made it happen. Would not hesitate to recommend Farm Plus.

Loretta

The process for our agriculture mortgage ran quite smoothly. The team at Farm Plus was well organized and very professional. I would highly recommend them if you are considering a land purchase.

Joseph