FSA Guarantee Loans
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“FSA guaranteed loans provide lenders (e.g., banks, Farm Credit System institutions, credit unions) with a guarantee of up to 95 percent of the loss of principal and interest on a loan. Farmers and ranchers apply to an agricultural lender, which then arranges for the guarantee. The FSA guarantee permits lenders to make agricultural credit available to farmers who do not meet the lender’s normal underwriting criteria.
FSA guaranteed loans are for both Farm Ownership and Operating purposes. Like the Direct Loan Program, a percentage of Guaranteed Loan funds are targeted to beginning farmers and ranchers and minority applicants.” United States Department of Agriculture, Farm Service Agency.

FSA guaranteed loans are currently only available in most states west of the Mississippi so please contact us to see if your state qualifies. The minimum loan amount is $300,000 with down payments starting as low as 10%. Properties must be owner-occupied to qualify, meaning the owner must be an active farmer living on the property.

The borrower must not be delinquent on any federal debt and have adequate security for the loan. As with all of our loans, you will also need a minimum credit score of 680 to qualify.

If you decide to begin the loan application process, American Ag offers our customers a password-protected and completely secure uploader where you can submit the necessary files. This unique feature eliminates any risk of having your personal information breached or stolen over the Internet. You can feel safe and comfortable transferring any documents with personal information & data knowing it is always thoroughly secured and stays private.