Agricultural Financing Made for Producers
FBN Finance is focused on ag and brings a custom approach to each producer. Whether you're planning to expand your operation, refinance your farm or make improvements to your ranch, we're here to help with great rates and exceptional service.
- Frequently Asked QuestionsWhat is the payment schedule for my land loan?
Loans can be made on a monthly, semi-annual, or annual basis. Prices shown here are based on semi-annual payments. Annual payments increase the interest rate by 0.15%.
Is there a penalty for paying off my land loan early or refinancing it?No. There is no prepayment penalty.
What fees from FBN Finance are included in my loan?Your loan will have title fees, appraisal fees, and an origination fee. In most cases, these fees are less than 1% of the loan value. In many cases, they can be added to the loan itself, so you don’t have any out-of-pocket costs at closing. Title fees and appraisal fees are passed on to the applicant at cost. If you have a current land appraisal that is less than one year old, you may be able to reuse it, subject to Farmer Mac’s guidelines. FBN’s origination fee varies by size, but will either be 0.65% or 0.3%.
What are instant approvals for land loans with FBN Finance?With other lenders, waiting for a decision on a loan application can take anywhere from five to 10 business days. That waiting period can be stressful and cause delays in important decisions for your operation. With FBN® Finance, however, the application process is much quicker. If you qualify, your land loan application could potentially be approved within minutes for land loans up to $2.5 million*.
Who will I be working with if I finance with FBN Finance?You will work with one of our Loan Advisors as well as our team of credit analysts and loan closers.
Will FBN Finance be there for me for the life of my loan?While we work with Farmer Mac to provide the financing, we will be your “Field Servicer.” This means we will be your first point of contact for any issues you have with the loan.
What type of land do you finance?We finance land that is used for agricultural purposes. These property types include farms, ranches, bare land, timberland and hunting land as well as improvements.
What is the minimum acreage required?Your land must be a minimum of at least 10 acres.
What is the loan amount requirement?The minimum loan amount is $75k with no restriction on the maximum requested.
Searching for financing for your ag property or farmland?
Contact an FBN Finance loan advisor at 866-302-3515 or simply apply online.