Farm Credit respects the commitment made by military personnel and their families. Our Military Loan Program offers an interest rate discount, designed to assist our military with the purchase of farms of any size, land, homes in the country and more.
Who qualifies:
- Current military personnel with proof of CAC (ID card)
- Persons honorably discharged from any branch of the U.S. military (with proof of Department of Defense form #214, member copy #4)
Program benefits:
- 50 BPS interest rate discount on fixed-rate loans
- Discount applies on the first $200,000 of loan amount, for the life of the loan
- If the loan is greater than $200,000 (not including stock and fees) two notes will be prepared and the second note will have a regular interest rate, without the discount
- No origination fees
