Dairy Operation Refinancing

Product Overview

  • Dairy operation loans
  • Competitive fixed and variable rate first mortgage loans
  • Terms up to 10 years, with longer amortizations available
  • Loan amounts generally of up to $3000 per cow, may be higher based on overall farming operation
  • Land refinancing available
  • 10 – 15 year fixed rate loans
  • 65% of appraised values
Types of Dairy Operations
  • Facilities designed to support efficient milk production and that will provide adequate collateral value
  • 300 cow minimum, may be lower based on overall farming operation
Producer Criteria
  • Pay legal, filing, appraisal, closing fees, including a loan origination fee
  • Submit periodic financial statements
  • Submit periodic production records
  • Proven production system, including: production management, breeding system and herd health, replacement and culling plan
  • Milk marketing plan
  • Feed sourcing & pricing plan
  • Meet underwriting
Contact Us