No Income Verification (Stated) Commercial Farm Loan
Janus Ag Finance now offers Easy Loans on Commercial Farm Property. This is ideal for farm land where there is strong equity and borrowers with good credit. These loans are offered with the same great terms and pricing as our fully documented loans.
Requirements
- Minimum loan $200,000, maximum loan $300,000
- Loans to 55% of the value of collateral
- Typically land valuation can replace expensive commercial appraisal
- Loan is secured by first lien on productive farm real estate.
- Highly competitive rates with minimal fees
- No prepayment penalty
- No maximum acreage limitations
- Good credit required - Credit Scores over 680 - Free Credit Report
- Verification of all liquid assets, bank statements
- Requires total debt /total assets ratio no more than 40%
- Personalized and experienced loan processing. We know how to maximize your borrowing potential
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