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FSA Guaranteed Loans American Farm Mortgage is a Preferred Lender for guaranteed loans with the Farm Service Agency. To qualify for an FSA Guaranteed Loan, the applicant(s) must: - be a United States citizen or legal resident alien
- not be able to secure credit without a guarantee
- have a satisfactory credit history (determined by lender)
- not have any federal debt delinquencies
- not have caused FSA a loss
- have the ability to repay the loan
- be able to pledge adequate collateral for the loan
- be actively engaged in farming or ranching
The maximum amount of an FSA loan is $949,000*, which may be used to purchase farmland, make improvements to the loan collateral or to restructure debt. American Farm Mortgage can assist you with this process. | *amount adjusted annually |
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