Applying for and managing a loan can be confusing. We're here to help, but in the meantime check out our FAQs for answers to some common questions.
- What are interest rebates?
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An interest rebate (or patronage) is a way of distributing the Association’s net income to member-owners. As a cooperative, your interest rebate is determined by the level of business you do with the Association. This refund may be paid in cash, allocated surplus, stock or any combination of these items.
- How do I know if I qualify for a loan?
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Contact us to speak with a loan officer at your closest Farm Credit office about your particular situation. They will be able to tell you if your request is eligible and what you need to provide to see if you qualify.
- Can I make my loan payment online?
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Yes! Log in to your online account to make your payment online. This service is available 24/7, and along with making payments you can view your account information. If you have a line of credit, you can also schedule disbursements through your online account. Farm Credit provides this free service to make accessing your account simple and convenient.
- Does Farm Credit fund start-up operations or help people who are new to farming?
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Yes! We know what it's like to start a new farm or agribusiness, and we can help you make the right decisions. You can make your dreams a reality while drawing from our vast experience with small, large and in-between farms and agribusinesses. Farm Credit has special programs to assist young, beginning and small farmers.
- Do I have to own a farm to finance my property through Farm Credit?
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No! Farm Credit also finances rural homes and land in addition to loans for farming, forestry, equipment and agribusinesses. Find out more about our home loans and land loans.
- Do I have to live in the country to get a loan from Farm Credit?
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No! We can fund agricultural needs no matter where you live. In addition to farms and agribusiness, we finance rural tracts of land and homes.