Loan Programs

CGB Agri Financial Services Loan Programs

Farm Loan Programs

• Full-time Farm: This program is for the full-time farmer or landowner leasing their ground on cash rent or share-crop basis.
  
  
  • Offered in conjunction with real estate loans
     
  • Normally files Schedule F or E with their Federal tax returns
     
  • Farms full-time and depends on income from the land to make payments

• Operating Loan: This line of credit is provided to customers for financing farm or ranch operating needs on an annual basis.
  
  
  • Offered in conjunction with real estate loans
     
  • Crops or livestock normally taken as collateral

• Equipment Loan: Equipment loans are provided for the farm customer to finance farm or ranch equipment needs.
  
  
  • Offered in conjunction with real estate or operating loans
     
  • New or used equipment

• Fast Track: Reduced Credit information and appraisal requirements for loans meeting guidelines.
  
  
  • 55% maximum loan-to-value
     
  • Minimum credit score 700

Residential Loan Programs

• Rural Home: Our Rural Home program is for those living in a rural area or town with a population not exceeding 2,500. This program is ideal for country homeowners.
  
  
  • Primary residence with minimal farm type features
     
  • Maximum loan amount of $417,000
     
• Part-time Farm: This program is ideal for country homeowners or weekend farmers who own or wish to purchase a primary residence or second home with acreage and pursue agricultural production on a smaller scale.
  
  
  • Property may have vineyards, permanent plantings or specialized crops
     
  • Maximum loan amount of $3.0 million
     
  • Multiple homes on property

• Bare Land/Lot: The Bare Land/Lot program is for those who want to purchase bare land with the intention of building a primary residence on the property sometime in the future.
  
  
  • No limit on acreage
     
  • Intent to farm the property if appraised value exceeds $121,100
     
• Manufactured Homes: Manufactured Home loans are for the customer purchasing or building a manufactured home on acreage.
  
  
  • Must be on permanent foundation
     
  • Must be doublewide or larger