Fast Track Agricultural Loan

REDUCED DOCUMENTATION LOAN PROGRAM FOR AGRICULTURAL LOANS AND PART-TIME FARMS

• Fixed or Adjustable products available.
• Semi-annual or monthly payments.
• Up to 25 year amortization.
• Available for full or part-time farming operations.
• Property may be non-contiguous.
• No requirement for residence on property.
• No limit on Combined Loan to Value.
• Available for purchase or refinance transactions.

KEY CRITERIA FOR ELIGIBILITY

• Maximum Loan To Value 55%.
• Maximum loan amount $1,000,000.
• Minimum credit score 700 for loan amounts up to $300,000.
• Minimum credit score 720 for loan amount $300,000 and above.

DOCUMENT REQUIREMENTS

• Signed Fast Track Loan Application.
• Fast Track Balance Sheet for each applicant.
• Tri-merge credit report for each applicant.
• Signed Federal tax returns for up to two years may be required.
• Signed copy of Request for Transcript of Tax Form (IRS 4506)
• Copies of the two most recent pay stubs for off farm income.
• Limited appraisal report in summary format.
• Environmental Disclosure signed by borrower and appraiser.
• Evidence of water rights, leases, grazing permits, CRP contracts etc., if applicable.
• Evidence of hazard insurance coverage with loss payee endorsement.
• Description of all fixtures and personal property necessary to operate the property along with a UCC search on all applicants.

For More Information Contact:

Agri-One Financial
303-773-3545
steve@agrionefinancial.com