
Your farm is growing and you need more space. Purchasing land can be expensive, plus you need to preserve cash for other needs. That’s why you’re looking for a loan on agriculture land in Northwest Arkansas. Ag home loans are like a mortgage for your farming operation. Instead of having to come up with the purchase price in cash, you can finance your farmland expansion and repay the loan in affordable, convenient installments.
What can I use Agricultural Home Loans for?
This type of ag financing has several uses, including:
- Farmland purchases
- Farm expansion
- Ag real estate loan refinancing
- Construction of new structures on your farm
- Renovation of existing buildings
How Ag Home Loans Work
To apply for a farm real estate loan, you’ll need an incorporated business entity and a down payment. You’ll also need a good-excellent business credit score and documentation of your length of time in business, value of collateral assets, debt-to-income ratio, and annual revenue. Decide what kind of repayment term fits your needs and budget. We offer flexible terms so you can make payments when you have the cash, such as after harvest.
Apply for a Farm Real Estate Loan from CS Bank!
