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Agriculture, Land & Timber

USDA FSA Farm Ownership & Operating Loans

$600K farm ownership + $400K operating loans at Prime for beginning farmers.

Overview

USDA Farm Service Agency direct loans: Farm Ownership $600K (40-yr term, ~3–5%), Farm Operating $400K (7-yr, ~5–6%), Microloan $50K (streamlined app). Beginning Farmers (10 yrs or less), veterans, socially disadvantaged get priority + reduced rates. Guarantee programs back private-lender loans up to $2M. Can finance up to 100% for beginning farmers with participation loans.

Best fit
Beginning farmers (<10 yrs experience)Veteran farmersSocially disadvantaged applicants
Estimated impact
$500K–$2M at below-market rates for farm acquisition

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