Whether through the FSA or the USDA there are many programs available help individuals receive farm loans. Federal and commercial efforts to improve rural areas as well as the process for receiving loans for rural areas have made acquiring a farm loan easier than ever. Apply today to contact up to four lenders about farm loans.

Rural homeowners, whether farmers or not, may be eligible for loans insured by the Rural Housing Service, which operates under the Department of Agriculture. These loans are available for individuals and families who do not have adequate housing but can afford moderate mortgage payments. The RHS insured loan can be used either to purchase, repair or relocate a home. The term of the farm loan is generally 30 years but there is no necessary down payment Houses purchases or repaired using these loans must meet RHS standards and be modestly priced.

Farm loans can also be insured by the Farmers Home Administration (FmHA). The FmHA works much the same was as the FHA by insuring, not funding, home loans with low interest and low down payments. FmHA loans are only eligible for homes in rural areas.

The Farm Service Agency offers operating and ownership loans to farmers and ranchers who have had their finances depleted as a result of natural disasters or who do not qualify for conventional loans. These loans can be used for a variety of farm supplies including equipment, feed, livestock and miscellaneous. They can be used to purchase a farm, for construction and renovation costs, or for modernization. Unlike FHA loans, the FSA both insures and funds loans.