When it comes time to prepare documents for loan closing, Farmer Mac Approved Lenders have the option of preparing the documents using their own document preparation method or using Farmer Mac’s preferred provider, PPDocs, Inc.
PPDocs has developed a national set of real estate loan documents that they represent as conforming to the guidelines of the Farmer Mac mortgage loan programs. And as the preferred provider, PPDocs is fully integrated within Farmer Mac’s AgPower® Loan Origination System, so lenders can seamlessly import loan data directly into the PPDocs order form.
For more information, please visit www.ppdocs.com.
For over a decade, the alliance between Farmer Mac and American Bankers Association (ABA) has enabled ABA-member banks to receive Farmer Mac preferred rates for their farm and ranch mortgage loans in addition to other important benefits. Banks receive dedicated support plus a quarterly newsletter, Alliance Alert, with valuable resources to better serve their agricultural customers.
The partnership between Farmer Mac and ICBA through the READY, SET, GROW! Program enables ICBA-member banks to receive Farmer Mac preferred rates for their farm and ranch mortgage loans, as well as other important benefits.
ICBA members also receive individual “On Demand” program training along with dedicated support through a special email account ICBA@farmermac.com.
ICBA members who wish to learn more about Farmer Mac’s solutions and ICBA member-only benefits can call 800-879-3276, email us at ICBA@farmermac.com, or connect directly to a Farmer Mac Relationship Manager in your state.
Working with Farmer Mac
“With Farmer Mac, we probably have $40-50 million in fixed rate loans that we probably wouldn’t have today. Farmer Mac’s knowledge of the programs – they know the answer to the question before you ask it because of their experience.”
– Alan Karcher, Regional President
Carrollton Bank; Jerseyville, IL