What makes Farm Credit different from other lenders?
A major difference between Farm Credit and other lenders is that Farm Credit can return its profits to its borrowers, and it often does. Patronage refunds reduce the effective cost of borrowing for Farm Credit customers. Are Farm Credit interest rates competitive? Yes, Farm Credit�s rates are competitive with other lenders. And, when they share their profits with their borrowers through patronage refunds, Farm Credit�s rates are even more competitive. Do Farm Credit loan officers have any special qualifications? Farm Credit loan officers typically have extensive education and experience in agricultural financing, banking, business and/or mortgage lending. In most cases, they live in the community, often grew up in an agricultural or rural area, and have a good understanding of local land values. Some loan officers are also certified rural real estate appraisers.
