New website simplifies loan application process for purchasing or refinancing ag land
OMAHA, NEBRASKA – Farm Credit Services of America (FCSAmerica) today announced the launch of FarmLend.comTM, a mobile-friendly website that allows farmers and ranchers to apply online for land loans.
Using a simple, secure online form, producers can apply for loans to purchase or refinance farmland, ranchland or pasture when it’s convenient for them. They will typically receive a response within a few business hours of applying, enabling them to complete the loan process in less time than through conventional means.
The website also features online calculators and informational resources to help producers determine how their financing decision will impact their bottom line.
The FarmLend website allows producers to apply for land loans that are underwritten and serviced by FCSAmerica, a farmer-owned financial cooperative with more than 100 years of experience serving agriculture. Land loan products include flexible, ag-friendly terms and competitive rates, including rates fixed for the entire life of long-term loans.
A dedicated team of ag real estate financing experts will assist customers who have questions as they complete applications through the FarmLend website to make the closing and funding processes as smooth as possible.
“As a leader in financing agriculture, we recognize producers increasingly have unique financial needs and preferences for doing business,” said Mark Jensen, president and CEO of FCSAmerica. "They spend long hours in the field and can't always fit their financial work into 8-to-5 office hours.
“Customers can now choose to work face-to-face with one of our financial officers or apply online through FarmLend. Our strategy is to provide options so they can work in the way that’s most comfortable and convenient for them.
“We’re optimistic about the future of agriculture, and FarmLend is just one example of how we’re investing to serve farmers and ranchers today and for generations to come,” Jensen said.
About Farm Credit Services of America
Farm Credit Services of America is a customer-owned financial cooperative proud to finance the growth of rural America, including the special needs of young and beginning producers. With more than $31.4 billion in assets and more than $5.9 billion in members’ equity, FCSAmerica is one of the region’s leading providers of credit and insurance services to farmers, ranchers, agribusiness and rural residents in Iowa, Nebraska, South Dakota and Wyoming. Learn more at www.fcsamerica.com.