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The Agricultural Real Estate Revolving Line of Credit
This Program Is so Flexible and Easy, but How Do You know if an Agricultural Revolving Line of Credit Is Right for You?
Are you looking to leverage income to build asset strength?
Do you see the need to borrow funds occurring more than once in the next 18 months ?
Are you looking for a loan that offers flexibility and control to free cash for other uses such as:
Real estate purchases.
Tiling or other real estate improvements.
Principal Payments on Other High Rate Balances.
Other Business Needs As They Arise.
Do You Need Financing for Your Permanent Planting Enterprise?
If your operation fits any of these scenarios, then look to RMAFS and explore your options of finding out if you qualify for an agricultural revolving line of credit loan
Borrowing Power up to 65% of Your Bare Land Value. (50% for the 10 Year Interest-Only Draw Period Loan.)
A 5-year interest-only period followed by a 10, 15, or 20 amortization.
We offer the option to renew the interest only period for an additional five years, (maximum term of the loan including the draw period and the amortization period is 25 years).
We offer a 10-year interest only draw period option with a baloon at the end of the draw.
The option to convert to other rate products.
Re-payment terms of semi-annual interest only, during the draw period.
We offer Unlimited draws.
Online banking payment options.
Tax deductible mortgage interest (subject to IRS regulations).
We Have A Lot Of Services to Offer to You, All We Ask Is That You Give Us the Opportunity to Serve Your Financing and Related Agricultural Needs.
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