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Farm & Ranch
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Farm & Ranch

Empowering Agricultural Lending
Innovative products and solutions to help financial institutions expand lending capacity, manage risk, and strengthen long-term relationships with agricultural borrowers. If you have questions or would like to start working with us, our experts are ready to help.
~$71B

Cumulative Business Volume

As of 3/31/26

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THE OPPORTUNITY

Unlocking Solutions in a Capital-Intensive Market

Farmers and ranchers are operating in a capital-intensive market, navigating pricing pressure, concentration limits, and interest rate risk. With Farmer Mac, lenders can help their borrowers overcome those constraints and deliver on their needs with secondary-market liquidity.
WHAT WE OFFER

The Right Product, for the Right Customer, at the Right Time

The needs of farmers and ranchers are wide-ranging and capital-intensive. With us, financial institutions have a full suite of products to serve their borrowers and help them remain on solid ground.
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Farm & Ranch Loan Purchase

Sell eligible agricultural mortgage loans to increase liquidity and lending capacity, manage credit and interest rate risk, address hold limits, and compete in a crowded market.
  • Competitive rates and flexible terms, including long-term fixed rates, as well as RLOCs
  • Streamlined process makes it fast and easy to submit and fund loans
  • AgXpress scorecard model option for same-day credit decisions
USDA

USDA-Guaranteed Loan Purchase

Farmer Mac is a significant secondary market for USDA guaranteed loans. The USDA provides the guarantee, and we purchase eligible guaranteed portions, including Rural Development (RD) and Farm Service Agency (FSA) loans.
  • Small and beginner farmer access
  • Community development project financing
  • Cross-sell with Loan Purchase and Guarantee programs
finance

Loan Guarantee / Credit Protection

Keep loans on the books while managing credit and interest rate risk through our Loan Guarantee Program, also known as Credit Protection (also known as "LTSPC")
  • Retain borrower relationships
  • Manage lending limits and concentration
  • Credit and interest rate risk mitigation
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Wholesale Finance

Access competitively-priced funding by pledging qualified farm and ranch mortgages as collateral through our AgVantage® structure.

  • Flexible maturity structures
  • GSE-backed credit quality
PROVEN RESULTS

Growing Impact

~71B
Cumulative Business Volume
~94k
Cumulative Loans Purchased
As of 3/31/26
Farm & Ranch
Success Story

Carrying a Family's Legacy Forward

Read Story

At Farmer Mac, we don’t make loans. We make them better by offering highly competitive rates and a broad array of solutions.

Patrick Kerrigan
Vice President Business Development
GET ANSWERS

Farm & Ranch Frequently Asked Questions 

What types of financial institutions does Farmer Mac partner with through our Farm & Ranch business?

Farmer Mac serves a broad range of agricultural lenders that finance farmers and ranchers across the United States. These include commercial banks, community banks, Farm Credit System institutions, agricultural credit associations, and other financial institutions involved in agricultural lending.

How does Farmer Mac support agricultural lenders serving farmers and ranchers?

Farmer Mac supports agricultural lenders by providing liquidity, credit protection, and access to long-term funding. By purchasing eligible loans and offering risk management solutions, Farmer Mac enables lenders to manage balance sheet capacity, reduce concentration risk, compete with other lenders, and sustain lending to agricultural borrowers through changing market conditions.

What Farm & Ranch products and solutions does Farmer Mac offer?

Farmer Mac’s Farm & Ranch business provides a range of secondary market products and credit solutions, including:

  • Farm & Ranch Loan Purchase for eligible agricultural real estate loans
  • Credit protection through our Purchase Commitment solution
  • USDA-Guaranteed Loan Purchase for eligible loans guaranteed by the USDA
  • Wholesale financing solutions designed to support agricultural lending activity and liquidity needs
  • Loan servicing, including loans not owned by Farmer Mac

These offerings are designed to help lenders manage risk, access capital, and expand their lending capacity.

What types of agricultural real estate loans are eligible for Farmer Mac financing?

Farmer Mac finances agricultural real estate loans through its Farm & Ranch Loan Purchase program and also purchases eligible USDA-guaranteed loans under a separate program, with different eligibility frameworks.

  • Farm & Ranch Loan Purchase: Loans must meet Farmer Mac’s statutory requirements for qualified loans, including eligibility criteria related to collateral, borrower use, and underwriting standards. These loans are secured by agricultural real estate and are underwritten to Farmer Mac’s credit requirements.
  • USDA Guaranteed Loan Purchase: Loans must carry a qualifying guarantee from the U.S. Department of Agriculture under programs administered by agencies such as the Farm Service Agency (FSA) or Rural Development (RD). These loans are not underwritten by Farmer Mac and are evaluated based on the terms of the USDA guarantee.

Together, these programs support financing for a wide range of agricultural and rural lending needs.

What loan terms and structures are available through Farmer Mac’s Farm & Ranch business?

Farmer Mac supports a range of loan terms and structures designed to align with agricultural lending needs, including:

    • Fixed-rate and adjustable-rate loans
    • Long-term, fully amortizing structures, including products out to 30 years
    • Balloon payment structures

This flexibility allows lenders to structure loans that meet both borrower needs and risk management objectives.

How can an institution become approved to sell Farm & Ranch Loan Purchase loans to Farmer Mac?

Financial institutions can become Farm & Ranch Loan Purchase Approved Sellers by meeting Farmer Mac’s program requirements and completing its onboarding process.

This typically includes:

    • Completing a seller application and required documentation
    • Entering into a Seller/Servicer agreement with Farmer Mac
    • Meeting operational and program eligibility standards
    • Purchasing Farmer Mac stock

Once approved, institutions may deliver eligible loans to Farmer Mac under established program guidelines.

Does Farmer Mac purchase USDA guarantees?

Yes. Farmer Mac purchases loans that are guaranteed by the U.S. Department of Agriculture through programs such as those administered by the Farm Service Agency (FSA) and Rural Development (RD). Participation requires a qualifying USDA guarantee; sellers do not need to purchase stock or become an Approved Lender.

These USDA-guaranteed loan purchase programs complement Farmer Mac’s Farm & Ranch offerings by supporting a broader range of agricultural and rural financing needs.

What makes Farmer Mac different from other agricultural financing sources?

Farmer Mac is a secondary market provider, not a direct lender. Rather than originating loans, we partner with financial institutions by purchasing loans and guarantees and providing credit solutions.

This model enables lenders to:

  • Retain borrower relationships
  • Access additional liquidity and funding
  • Manage credit and concentration risk
  • Continue serving agricultural borrowers across market cycles

By operating in the secondary market, Farmer Mac expands the availability of credit without replacing the role of local lenders.

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MARKET BREADTH

Explore Other Markets We Serve

Farmer Mac offers a range of competitive financial solutions to meet financial institutions‘ growth, liquidity, risk management and capital relief needs across core markets, supporting a vibrant rural America.

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Data Series

Farmland Price Index

Explore Farmer Mac’s Farmland Price Index powered by AcreValue (FPI), our quarterly farmland value trends with context for lenders, investors, and market watchers. 
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Let's Work Together to Accelerate Rural America

Our team is ready to be a strong partner to help financial institutions better serve their farm and ranch borrowers; compete; and grow their business long-term. Contact our experts to get started.
Ask Our Experts