Land Loan FAQs, that is AgAmerica Lending, look for responses by Topic

Land Loan FAQs, that is AgAmerica Lending, look for responses by Topic

1. Where is AgAmerica positioned and where would you make loans?

AgAmerica has two headquarters situated in Lakeland, Florida and Boise, Idaho. We have been a nationwide brand name and can provide over the united states of america.

2. What’s the way that is best to make contact with AgAmerica to speak about my economic objectives?

We’d like to speak, chat, e-mail, or talk with you face to face – whichever form is many comfortable for you personally. You can easily give us a call Monday-Friday 8am-5pm EST or content us at info@agamerica.com.

3. Can AgAmerica make use of foreign nationals on loan packages?

Regrettably maybe not at the moment. AgAmerica solutions the usa and us residents or permanent aliens that are resident.

Agricultural Loans and Farm Financing products. 1. The length of time are your terms for funding land?

AgAmerica’s unique spectral range of land loan products have terms (lengths) which range from 1. 5 years to three decades. Even though the certain terms differ by product, you’ll have self- self- confidence that each and every loan package is custom-built with your client’s financial objectives at heart. Many facets influence the terms of your loan that is potential package first of all are your motivations and priorities. Our borrowers typically be eligible for one or more of our financing programs, in addition to services and products they choose are finally their choices.

2. Can a loan is got by me making use of my land as security?

Definitely. Quite often, your most valuable asset is ab muscles land your procedure sits in. Whether it’s been into the family members for generations or perhaps the start of the legacy all your valuable own, land are at one’s heart of every thing this means to become a farmer, rancher, or timberland owner. Additionally represents a prime little bit of security once you make an application for a land loan that is agricultural. To clean up on the best way to use your home as collateral whenever you apply for a land loan, click on this link.

If you’re currently an ag land owner, with the equity you have in your land produces a way to refinance short-term and intermediate debt (like equipment financial obligation). In many cases, we’ve been in a position to reduce our customers’ month-to-month interest payments by over 50%, saving them thousands every year.

3. Does AgAmerica provide loans for searching land?

We yes do. So you can enjoy your hunting property now, and for years to come whether you’re a hunter, hiker, angler, bird watcher, or conservationist, AgAmerica can finance your recreational land purchase with customized 18 months to 30-year terms. Find out more about our Recreational Land Loan system and review its parameters.

4. Are AgAmerica land loans for farmers just?

No. AgAmerica’s land loans are for anybody thinking about purchasing or refinance 25 or higher acres of agricultural-zoned land. AgAmerica can fund farm that is agricultural ranch properties, citrus grove conversions, rural house estates, leisure land, and also natural land parcels. Our land loans can help you lessen your yearly re re payments, expand your procedure, purchase more land, or get over a year that is previous. Find out about exactly how we’ve changed the means today’s ag land owners finance their hopes and hopes and dreams.

5. Just how do I get started funding land?

We like it when our clients result in the call that is first. You can contact us one of two ways when you’re ready to take that first step in applying for a land loan:

  1. Contact us Monday-Friday, 8am-5pm EST at 1.855.898.2265
  2. Fill in our loan request form that is simple right here.

Our land loan professionals will walk you through the procedure and discuss your financial goals and needs that are lending. Download & finish our Initial Land Loan Inquiry form – we’ll review it throughout the consultation call that is initial.

6. What type of loans can be found to get land?

We recognize that there is absolutely no “one-size-fits-all” approach with regards to secure financing. That’s why we bespoke build land loan packages to assist you reach your goals that are financial. These packages consist of 10-year interest-only credit lines, 30-year term loans, and also bridge loans. Explore every one of our land loan choices.

Land Loan needs and Lending Process. 1. What’s the most readily useful AgAmerica system for me personally?

You’ll depend on a consultation that is thorough our loan officers who can evaluate your specific monetary goals and build you a customized loan package to meet up with your preferences. We never take a one-size-fits all approach. Plus there is absolutely no cost for a preliminary in-house underwriting assessment.

2. Can AgAmerica assist me personally through the documents process?

Positively we are able to. Our product sales and underwriting groups are quite ready to assist and certainly will work alongside your CPA or adviser that is financial assist this procedure.

3. Are AgAmerica land loans for farmers just?

No. AgAmerica’s land loans are for anybody thinking about purchasing or refinance 25 or maybe more acres of agricultural-zoned land. AgAmerica can fund farm that is agricultural ranch properties, citrus grove conversions, rural house estates, recreational land, and also natural land parcels. Our land loans makes it possible to lower your annual re payments, expand your procedure, purchase more land, or get over a past 12 months. Find out more about exactly exactly how we’ve changed the real means today’s ag land owners finance their hopes and hopes and dreams.

4. Are AgAmerica land loans for farmers just?

No. AgAmerica’s land loans are for anybody thinking about purchasing or refinance 25 or maybe more acres of agricultural-zoned land. AgAmerica can fund agricultural farm and ranch properties, citrus grove conversions, rural house estates, leisure land, and also natural land parcels. Our land loans makes it possible to lower your yearly re re payments, expand your operation, purchase more land, or get over a year that is previous. Find out more about how we’ve changed the real method today’s ag land owners finance their hopes and hopes and dreams.

5. Do you have minimal credit score requirement?

Yes, AgAmerica’s minimum credit score is 680, but exceptions can be made on a case-by-case foundation. Provide us with a we’ll and call talk you through our loan program parameters.

6. Does AgAmerica provide 100% funding?

No, similar to other loan providers AgAmerica will not provide 100% financing. On a mortgage that is first we provide as much as 75per cent on the basis of the worth of the collateral property.

7. How can I be eligible for a farm loan? installment loans no credit check

You will find four qualifications you have to fulfill to be eligible for a land loan with AgAmerica.

After being confirmed as that loan candidate, you’re ready to schedule a session with this land loan experts. See our Loan Eligibility Verification web page to get going.

Make an ACH Payment on a Farm Loan. 1. How do you enlist thus I don’t need to keep re-entering my bank information for future re payments?

After submitting your payment after the steps for “Make a One-Time Payment as being a Guest”, the verification web page will record three choices. You can easily register With your information that is current to Residence, or Logout. Click “Enroll With Your present Information” to proceed with enrolling and creating a login.

2. I didn’t have the Activation email once I enrolled.

Please always check your “spam” or “junk” mail. If the email nevertheless can not be situated, we will give you another activation email. Please contact servicing by e-mail or phone for support.

3. I enrolled once I made my repayment, but i will be perhaps not in a position to sign in.

Look at your e-mail after your payment that is first and regarding the “Activate your bank Account” link. You shall have to trigger your bank Account so that you can sign in.

4. The “Activate your bank Account” link not any longer works in my own e-mail.

The web link has expired. Please contact AgAmerica Servicing by e-mail or phone and we’ll deliver you a new activation e-mail.

5. I’m locked away from my Login account.

Please contact AgAmerica Servicing by phone or email.

6. How can I setup Auto-Pay?

As soon as you enroll as a person, you will have the choice to set up Auto-Pay. The Auto-Pay choice is on the website into the line in the side that is right-hand of display. The Auto-Pay choice shall never be noticeable and soon you have actually created a merchant account and logged back.

9. Just What do i actually do if we forgot my password?

Make use of the “Forgot your Login ID? ” link regarding the Login website and you also shall be emailed these records. You may additionally e-mail Servicing@AgAmerica.com or phone

10. If We have one or more loan quantity just how do I result in the repayment for every single loan?

It really is preferred for a Log in and Password become founded for every loan quantity. Nonetheless, you may combine each loan payment under one sign in but a remark should be produced in the Payment guidelines field as to just how the funds should really be distributed to each loan quantity.