| Are you looking to leverage equity 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 |
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| Do you need financing for your permanent planting enterprise? |
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If your operation fits any of these scenarios, then take a look at an American Farm Mortgage Farmland Revolving Line of Credit loan.
A Farmland Revolving Line of Credit with American Farm Mortgage features:
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| Borrowing power up to 65% of your bareland value (50% for the 10-year interest-only draw period loan) |
| A 5-year interest-only period followed by a 10-, 15-, 20-, or 25-year amortization |
| The option to renew the interest-only period for an additional 5 years (the maximum term of the loan including the draw period and amortization period is 30 years) |
| A 10-year interest-only draw period option with a balloon payment at the end of the draw period |
| Option to convert to other loan products |
| Repayment terms of semi-annual interest only during the draw period |
| Unlimited draws |
| Tax-deductible mortgage interest |
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