Custom Page - Rought Mortgage Auditing & Financial Services, Inc. Yankton SD

Farm Real Estate Program

The Farm Real Estate products we offer are designed to finance agricultural real estate for full and part-time farmers. Eligible land must have an agriculturally related purpose and produce a minimum of $500 ag related income annually.

What Type of Financing Is Available?

Competitive, 10, 15, 20, and 25 year fixed rates available.

Variable rate product options.

No Prepayment Penalties Required (Open Pre-Pay Options).

Flexible Payment Terms.

No Maximum Acreage or Loan Limitations.

Improved and to be Improved Property

Long-term fixed and variable-rate financing are offered on agricultural land. If necessary loan security may include improved and/or on to be improved property. Please call us today and we will help you determine the appropriate financing package for your land.

How Much Can I Borrow?

Your loan amount will be determined by the value of the real estate secured in that loan. In most cases, the loan amount must be equal to or less than 70% of the appraised value. The minimum loan size is $100,000: however. There are no maximum loan amount limitations. Every borrower is different there for every loan application is based on individual factors.

What Type of Payment Schedules Are Offered?

Annual, semi-annual, and monthly payment schedules are available. In addition, we offer open and partial prepayment options.

Today's Rates:

Mtg Loan

Rate

APR

30-yr Fixed	5.97%	6.17%
15-yr Fixed	5.74%	6.04%
1-yr Adj	5.18%	6.43%

* national averages

Mortgage Calculator:

Sales Price:		$
Down:		%
Interest Rate:		%
Term:		yrs

Monthly payment:		$

AG News:

Farm Business and Household Survey Data: Customized Data Summaries from ARMS

11/25/2008 8:00 AM

This data-delivery tool has been updated with estimates on 2007 finances, structure, and characteristics of U.S. farm businesses and farm households. ARMS data inform USDA, congressional, administration, and industry decision makers when weighing alternative policies and programs that touch the farm sector or affect farm families. Use this interact...Read More

U.S. Fertilizer Use and Price

11/20/2008 1:00 PM

This product brings together 1960-2008 data on fertilizer consumption in the United States by plant nutrient and major selected product, as well as consumption of mixed fertilizers, secondary nutrients, and micronutrients. Share of crop area receiving fertilizer and fertilizer use per receiving acre, by nutrient, are presented for the major produci...Read More

Market Failures: When the Invisible Hand Gets Shaky

11/3/2008 7:00 AM

The enormously complicated problem of deciding where and how all of societys resources might best be used is usually solved by individuals following their own self interest in markets largely free of government oversight. Markets fail when exchanges between willing buyers and sellers are impeded and efficiency is compromised. Overcoming such market...Read More

Amber Waves, November 2008

11/3/2008 7:00 AM

Amber Waves presents the broad scope of ERSs research and analysis. The magazine covers the economics of agriculture, food and nutrition, the food industry, trade, rural America, and farm-related environmental topics. Available on the internet and in print, Amber Waves is issued in print five times a year (February, April, June, September and Nov...Read More

2008 PREISM workshop

10/24/2008 12:00 AM

ERS's Program of Research on the Economics of Invasive Species Management (PREISM), an annual competitive grant and cooperative agreement program that focuses on national decisionmaking concerning agricultural invasive species, will hold its 2008 workshop on October 23-24 (Thursday and Friday), at ERS. The workshop is free and open to all, but plea...Read More

2008 PREISM workshop

10/23/2008 7:00 AM