Land Loan FAQs, who’s AgAmerica Lending, look for Answers by Topic
1. Where is AgAmerica positioned and where would you make loans?
AgAmerica has two headquarters based in Lakeland, Florida and Boise, Idaho. We have been a brand that is national can provide throughout the united states of america.
2. What’s the simplest way to get hold of AgAmerica to share with you my monetary objectives?
We’d like to speak, talk, e-mail, or talk with you face to face – whichever form is many comfortable for your needs. You are able to give us a call Monday-Friday 8am-5pm EST or message us at email@example.com.
3. Can AgAmerica use foreign nationals on loan packages?
Unfortunately perhaps maybe not at the moment. AgAmerica solutions the usa and US citizens or permanent aliens that are resident.
Agricultural Loans and Farm Financing Tools. 1. Just how long are your terms for funding land?
AgAmerica’s unique spectral range of land loan services and products have actually terms (lengths) which range from 1. 5 years to three decades. Whilst the terms that are specific by item, it’s possible to have confidence that each and every loan package is custom-built with your client’s economic objectives at heart. Many factors influence the regards to your prospective loan package; first off are your motivations and priorities. Our borrowers typically be eligible for several of y our financing programs, additionally the services and products they choose are fundamentally their choices.
2. Can a loan is got by me utilizing my land as collateral?
Positively. Often times, your many asset that is valuable ab muscles land your procedure sits in. It means to be a farmer, rancher, or timberland owner whether it’s been in the family for generations or the beginning of a legacy all your own, land is at the heart of everything. It represents a prime bit of security once you submit an application for a land loan that is agricultural. To brush up about how to make use of your property as security whenever you submit an application for a land loan, view here.
If you’re currently an ag land owner, utilizing 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 consumers’ month-to-month interest payments by over 50%, saving them thousands every year.
3. Does AgAmerica provide loans for searching land?
We certain do. Whether you’re a hunter, hiker, angler, bird watcher, or conservationist, AgAmerica can fund your leisure land purchase with personalized eighteen months to 30-year terms in order to enjoy your hunting property now, as well as for a long time. Find out 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 agricultural farm and ranch properties, citrus grove conversions, rural house estates, leisure land, and even natural land parcels. Our land loans will allow you to lower your yearly payments, expand your procedure, purchase more land, or get over a year that is previous. Find out more about just how we’ve changed the real method today’s ag land owners finance their hopes and dreams.
5. How do you get started funding land?
We think it’s great whenever 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:
- Call us Monday-Friday, 8am-5pm EST at 1.855.898.2265
- Fill in our simple loan demand type right right here.
Our land loan specialists will walk you through the method and discuss your economic goals and lending needs. Download & finish our Initial Land Loan Inquiry form – we’ll review it through the consultation call that is initial.
6. What type of loans can be found to purchase land?
We realize that there isn’t any “one-size-fits-all” approach when it comes to secure financing. That’s why we bespoke build land loan packages that will help you reach your economic objectives. These packages consist of 10-year interest-only credit lines, 30-year term loans, and even bridge loans. Explore most of our land loan choices.
Land Loan Requirements and Lending Process. 1. What’s the most useful AgAmerica system for me personally?
You can depend on a thorough assessment with our loan officers that will evaluate your specific financial objectives and build you a customized loan package to fulfill your requirements. We never simply take a one-size-fits all approach. Plus there isn’t any price for a short in-house underwriting evaluation.
2. Can AgAmerica assist me through the documents procedure?
Definitely we are able to. Our sales and underwriting groups are quite ready to help and that can work alongside your CPA or monetary adviser to help this method.
3. 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 finance farm that is agricultural ranch properties, citrus grove conversions, rural home estates, leisure land, and also raw land parcels. Our land loans makes it possible to lower your yearly re re payments, expand your procedure, purchase more land, or get over a past year. Find out more about how we’ve changed the real means today’s ag land owners finance their dreams.
4. Are AgAmerica land loans for farmers just?
No. AgAmerica’s land loans are for anybody thinking about purchasing or refinance 25 or even more acres of agricultural-zoned land. AgAmerica can fund farm that is agricultural ranch properties, citrus grove conversions, rural house estates, leisure land, and even natural land parcels. Our land loans makes it possible to lessen your yearly re re payments, expand your operation, purchase more land, or get over a past 12 months. Find out more about just how we’ve changed the real method today’s ag land owners finance their dreams.
5. Can you have credit score requirement that is minimum?
Yes, AgAmerica’s minimum credit score is 680, but exceptions can be made for a case-by-case foundation. Provide us with a call and we’ll talk you through our loan system parameters.
6. Does AgAmerica provide 100% financing?
No, similar to other loan providers AgAmerica will not provide 100% funding. On a very first home loan, we provide as much as 75per cent on the basis of the value of one’s security property.
7. How can I be eligible for a farm loan?
You can find four skills you have to satisfy to qualify for a land loan with AgAmerica.
After being confirmed as that loan candidate, you’re ready to schedule an appointment with this land loan professionals. See our Loan Eligibility Verification web page to begin with.
Make an ACH Payment on a Farm Loan. 1. How do you register and so I don’t need certainly to keep re-entering my bank information for future re payments?
A One-Time Payment as a Guest” installment loans online approval, the confirmation page will list three options after submitting your payment following the steps for“Make. You are able to register With your information that is current to Home, or Logout. Click “Enroll With Your information that is current continue with enrolling and creating a login.
2. I did not get the Activation email once I enrolled.
Please look at your “spam” or “junk” mail. In the event that e-mail nevertheless may not be situated, we shall deliver you another activation e-mail. Please contact servicing by e-mail or phone for help.
3. We enrolled when I made my payment, but i’m maybe not in a position to sign in.
Always check your e-mail after your very first repayment and then click in the “Activate your Account” link. You will need to trigger your bank Account so that you can join.
4. The “Activate your bank Account” link not any longer works during my email.
The link has expired. Please contact AgAmerica Servicing by e-mail or phone and we will give you an activation email that is new.
5. I will be locked away from my Login account.
Please contact AgAmerica Servicing by e-mail or phone.
6. Just how do I put up Auto-Pay?
When you enroll as a person, you will have the option to setup Auto-Pay. The Auto-Pay option is situated on the website into the line on the side that is right-hand of display screen. The Auto-Pay option will never be visible until such time you have actually produced a free account and logged back.
9. Just What do i actually do if I forgot my password?
Make use of the “Forgot your Login ID? ” link in the Login webpage and also you shall be emailed these records. You might also e-mail Servicing@AgAmerica.com or phone
10. If i’ve one or more loan quantity just how do I result in the payment for every single loan?
It really is preferred for a Log in and Password become founded for every single loan quantity. Nevertheless, you might combine each loan payment under one sign in but a comment must certanly be produced in the Payment Instructions package on how the funds should really be distributed to every loan quantity.