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

• 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

• 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