Product Overview

• Swine facility loans
  • Competitive fixed and variable rate first mortgage loans
  • Terms up to 10 years, with longer amortizations available
  • Loan amounts of 75% of appraised facility values
  • Loan amounts of up to 100% of appraised facility values available with additional collateral
• Land refinancing available
• 10 year fixed rate loans
• 65% of appraised land values
• $100,000 minimum term loan size

Types of Swine Facilities

• Generally facilities ten years old or newer
• Part of an efficient production system
• Finishing, wean to finish, nursery, farrowing, gestation, breeding and gilt isolation buildings

Producer Criteria

• Pay legal, filing, appraisal and closing fees, including loan origination fee
• Submit periodic financial statements and production records
• Utilize approved production system
  • Management system
  • Genetics
  • Pig Flow
  • Marketing
  • Risk Protection
  • Utilize Land O' Lakes consulting services
  • Meet underwriting criteria