The majority of our farm real estate loans are fully amortized for 30 years, which means lower, more manageable payments. Shorter terms – as low as five years -- also are available. Choose from annual, semi-annual, or monthly payment schedules. Our standard loans have no balloon payments so you won’t be forced to renew or refinance at a later date when rates could be higher. And with no pre-payment penalty, you can pay ahead or pay off your loan at any time.
Select an interest rate option that best meets your needs.
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Fixed Rates – provide maximum rate stability. You can lock in your rate for 10, 15, 20 even up to a full 30 years.
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Adjustable Rates – allow you to lock in rates for one, two, three, five, seven, 10 or 15 years, providing you added flexibility to take advantage of changing market conditions.
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Variable Rate – is the most market-sensitive rate because it can change monthly. Historically, our variable rate has provided the most interest savings over the life of a loan.
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Multi-Rate – provides maximum interest rate protection by allowing you to place part of your loan on a longer-term fixed or adjustable rate and part on a shorter-term adjustable or variable rate, so whichever way interest rates move, you’re protected.
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Pre-Payment Rates – can provide even lower rates if you choose not to pay ahead or pay off part or all of your loan for a pre-determined amount of time.
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