| Published: January 04, 2021

How to Get a Loan with Farm Credit

Think about where you want to be in the next year. You’ve got a vision. Maybe it looks like moving to the country and building your dream home on a property with acreage. Maybe it involves investing in and growing your farming business. Either way, you know that you need to find reliable financing to make it happen.

At Farm Credit, we get it. We know agriculture and rural living because that’s what we’re here for. For over 100 years, we’ve been helping people like you achieve their goals of buying land, purchasing farm equipment, and growing their businesses.

Farm Credit Loan Process Simulator

Use the tool below to follow the loan application process from start to finish or keep scrolling to read the full article!

If you’re ready to make it happen, here’s how to get a loan with Farm Credit:

1. Connect with a Loan Officer

Unlike other lenders, we know that your situation is different than your neighbors’. Every farm or farmer isn’t the same, so you need a personalized experience to make sure you’re making the right choice for you and your family. Right off the bat, we’ll connect you with a loan officer to discuss your goals. Whether it’s looking to build, buy land or grow your farm, our loan officers know all the right questions to ask to help you make the best decision for you.

2. Provide Documents – Farm Credit Loan Requirements

Once we have a good idea of where you want to be, we’ll need to look at the paperwork to start running numbers. Depending on what your goals are, you may need to provide:

  • Business Plan & Balance Sheet
  • Two-Three years of tax returns
  • Bank Statements
  • Asset verifications like stocks, mutual funds, retirement account, etc.
  • Pay stubs or YTD profit and loss statement, balance sheet
  • Copy of your Driver’s License
  • Signed Sales contract (Don’t have one yet? That’s okay. We can help you get there!)

Your loan officer will review the complete list of items needed with you, but it never hurts to start compiling them now!


After we get all the paperwork needed to evaluate your financial position, we get started on the analysis. Your loan officer will work with our team of processors and underwriters to review your credit and financial position to develop a custom loan package that best fits your needs.

3. Receive Decision

Once you’ve been approved for a loan, you’ll finalize loan terms and conditions, choose a settlement attorney, and obtain the necessary insurance, if applicable. During this time, your loan officer will order your appraisal and the processor will contact your closing attorney.

If you are not approved for your loan, ask your loan officer what you can do to improve your application in the future - they're here to help you!

4. Receive Loan Closing Information

After everything has been decided, you’ll work with your loan officer to schedule the time, date and location for your loan closing. They’ll also let you know what you need to bring with you to settlement.

5. Close Your Loan

Hooray! You made it to closing – now what? Once you sign your paperwork, here are some tips to keep the “after” part easy:

  • Keep in touch with your loan officer – they’re here to help you!
  • Keep insurance and taxes paid, and property in good repair.
  • Set a reminder to send updated financial statements and tax returns each year
  • Make your payment on time and avoid late fees

The loan application process can seem tedious at times, but once you’re sitting on your new front porch or running the numbers to see how your operation has grown, you’ll realize that the journey was worth it.

And the best part? You don’t have to do it alone.

Contact us to connect with a loan officer and let us know how we can help you make your dreams come true.

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