Loan Programs

Loan Type:       Long Term:
                             5 to 30 Years - Prime Variable Rate Program
                                                          Fixed Rate Program (When Available)

Interest Rates:
    Variable Rate:  Prime plus ½% adjusted annually (5.5% Floor)

    Fixed Rate:      When Available

Collateral Requirements:
    1^st mortgage on real estate required.  Will consider chattels on
    operations such as dairy / poultry or properties with pivot irrigation
    systems.  

Loan Size Limitations:
      Variable rate loans are limited by Board discretion.
Current limit is $1,200,000.

Eligible Purposes:
   Buy land, irrigation equipment & wells, build or repair farm buildings,
   purchase equipment and machinery, build farm ponds, establish
   permanent pasture, establish livestock operations, refinance debts,
   specialized buildings for poultry, swine, dairy & beef operations.

Loan Application:
     Loan Checklist
     Release Form
     Loan Application