The USDA in association with the Farm Services Agency (FSA), and the Small Business Administration (SBA) help current and Beginning Farmers purchase farms, including POULTRY FARMS.
Most FSA DIRECT Loan
s will require a minimum of 5% CASH
down payment from the buyer.
Most GUARANTEED Loans
will require anywhere from 10% to 20% down payment.
No matter the loan type, the farm must show a reasonable CASH FLOW
to ensure income will be able to pay the mortgage payment, farm expenses, any additional credit card or off farm loan debit and still have enough left over to meet your monthly family living expenses. Buyers with seasoned off-farm-income may also be added into the total income.
Max loan amount is $2,037,000.
SBA Guaranteed loans
, up to a max of $4,500,000. (Higher Funding Fees than with FSA).
FSA DIRECT Farm Ownership Loan programs
(Go Directly to the USDA / FSA Office that manages the county for property you want to purchase. Your bank/lender will loan you the balance of the loan).
FSA (Farm Services Agency) Guaranteed Loans
. (Go directly to our bank / Poultry Farm lender does the FSA Guaranteed Loan app with you at the bank).
SBA (Small Business Admin) Guaranteed Loan Programs
. (Go directly to your bank / Poultry farm lender does the SBA Guaranteed Loan app with you at the bank).
. Some lenders are "Preferred Lenders" meaning they are very familiar with this loan type and can usually complete the loan process must quicker.
While FSA is committed to serving all farmers and ranchers, by statute, FSA targets a portion of all
Guaranteed loan funds, Direct Operating and Direct Farm Ownership loan funds, Microloan funding, and Youth loans, to historically underserved farmers and ranchers
, which include:
Native Hawaiians and Pacific Islanders