Farm Land Loans

Navigating the path to farm ownership is made simpler with our straightforward loan requirements. At First Bank and Trust Company, we understand the intricate nature of agriculture. Our streamlined process ensures that you can access the financial support you need without unnecessary hurdles. Our dedicated Agricultural Lenders, many of whom are seasoned farmers themselves, guide you through the process, providing clarity on every requirement. Here are a few of the key requirements:

Credit Score: The ability to demonstrate creditworthiness.

Collateral: Identification and valuation of the property being used as collateral.

Down Payment: A down payment is often required and may vary based on the loan program.

Financial Statements: Personal and business financial statements.

Cash Flow Projections: Projections of your farm's cash flow.

Appraisal: Professional appraisal of the farm property.

Loan Purpose: Clearly articulate the purpose of the loan.

Discover competitive land loan rates at First Bank and Trust Company, empowering you to cultivate your agricultural dreams with financial confidence. Our commitment to supporting the farming community extends to providing favorable interest rates on farm real estate loans.  Explore our competitive land loan rates by connecting with one of our Agricultural Lenders today.