fbpx

Our Services & Loans

Services2018-09-10T16:39:31+00:00

Operating Loans

Farm Credit of Southern Colorado operating loans can be designed to meet your specific financing needs. Your choices include:

  • A commitment line that allows you to draw money as needed against a predetermined amount of credit for an operating cycle

  • A revolving line that works just like a commitment line but payments restore credit to full use again

  • Loan terms of 1–3 years

  • A payment schedule that can be tailored to match your cash flow

  • Variable and fixed interest rate options

Farm Credit makes loans for operating inputs and expenses, such as feed, fertilizer, seed and labor, as well as for such expenditures as rent, taxes, insurance and day-to-day living.

Real Estate

Farm Credit of Southern Colorado makes loans for the purchase, improvement or refinancing of debt on farms, ranches, facilities and rural real estate. Our real estate loans are designed to meet your specific financing needs. Your choices include:

  • Loan terms of 5–30 years

  • Payment plans with monthly, quarterly, semiannual or annual payments

  • Conversion of any loan to another interest rate product for a single conversion fee without needing to re-qualify

  • Interest rate options of variable-, adjustable- and fixed-rate loans

  • Variable and fixed interest rate options

Benefits

Long-term financing allows you to better manage your short-term capital needs. Our many loan terms, payment plans, and interest rate options give you the ability to manage interest rate risk while still getting competitive rates that keep pace with current market conditions.

Livestock & Equipment

Farm Credit of Southern Colorado equipment or livestock loans can be designed to meet your specific financing needs. Your choices include:

  • Loan terms of up to 10 years

  • Payment plans structured to coincide with the sale of livestock or monthly, quarterly, semiannual or annual payments

  • Variable, adjustable and fixed interest rates on loans

  • Conversion of any loan to another interest rate product for a single conversion fee without needing to re-qualify

Farm Credit of Southern Colorado makes loans for the purchase or refinancing of debt from tractors, trucks, farm implements, buildings, irrigation systems and any other equipment. We also make loans for the purchase, care, and feeding, or refinancing of debt on livestock.

Rural Home Loan

Farm Credit of Southern Colorado appreciates the unique qualities of rural living.  That’s why our Farm Credit of Southern Colorado Rural Home Loan Program provides unique long-term financing options for non-conforming properties that aren’t eligible for traditional mortgages. Our program offers competitive pricing and products designed specifically for rural life.

Features include:

  • A solution created specifically for non-conventional properties

  • A unique opportunity to lock in long-term financing at a fixed rate

  • Finance one note and mortgage for the entire acreage and home

  • Competitive pricing structure

  • A dedicated and experienced team guiding you through a simple and convenient process

What properties qualify?

The Farm Credit of Southern Colorado program is dedicated to providing long-term financing for non-conventional secondary market hobby farm properties, with agricultural characteristics.

Recreational Property Financing

Let us be your one-stop-solution with financing for a recreational and rural property that isn’t ag-business related.

Farm Credit of Southern Colorado recreational property loans are designed to meet your specific financing needs.

Features include:

  • Loan terms of 5–20 years

  • Payment plans with monthly, quarterly, semiannual or annual payments

  • Conversion of any loan to another interest rate product for a single conversion fee without needing to re-qualify

  • Interest rate options that include variable, ARM, fixed to conversion and fixed up to 20 years

  • Loans up to 80 percent of the appraised value

  • Appraisal service at no cost (in most cases)

Farm Credit of Southern Colorado offers various financing options for the purchase, refinance or improvement of recreational property. We have nearly 100 years of real estate lending experience; that’s why we understand the unique needs of rural property owners. We’ll work hard to help you meet the challenges of purchasing and financing land in the country and help you close your loan as quickly as possible.

Young, Beginning, Small Farmer

Farm Credit of Southern Colorado makes loans for the purchase, improvement or refinancing of debt on farms, ranches, facilities and rural real estate.

Our Mission

Our organization is dedicated to improving the future of agriculture and rural America by supporting and educating young, beginning and small farmers and ranchers. We have made it part of our mission to provide resources to them to help ensure a strong future for agriculture.

Objectives

The objectives of our young, beginning and small farmer and rancher program are:

  • To increase the number of young, beginning and small farmers and ranchers in the Association’s loan portfolio
  • To provide managerial education and financial training opportunities to young, beginning and small farmers and ranchers
  • To build long-term relationships that develop this group of customers into a loyal and profitable customer base for the future

Unique Challenges

Young, beginning and small farmers and ranchers face unique challenges, including:

  • A lack of equity
  • Little or no risk-bearing capacity
  • Developing the management skills and experience needed to manage the business

Unique programs offered by FCSC:

  • Special exceptions to credit underwriting standards

  • Special pricing considerations

  • Loan officer time devoted to doing financial analysis of past years and projections

  • Loan guarantee assistance

  • Loans up to 80 percent of the appraised value

  • Appraisal service at no cost (in most cases)

A Young Beginning or Small Farmer

A young farmer or rancher is one who is 35 years of age or younger. A beginning farmer or rancher is defined as one who is in the process of establishing an agricultural operation and who has not assumed full control and risk of the operation for longer than 10 years. A small farmer is one who generates less than $250,000 in annual gross sales.

Underwriting Standards

The Association has adopted special underwriting standards in the areas of owner equity and working capital ratios, capital debt repayment capacity and collateral to address the needs of our young, beginning and small farmers. Each situation is considered on an individual basis. Loan officers look for a sound business plan.

Pricing Considerations

Rates are determined by each individual’s financial position. However, we have special pricing options available under certain limitations. Government guaranteed loans have a specific pricing advantage.

Loan Guarantee Assistance

We can assist qualified farmers in obtaining loan guarantees available through the Farm Service Agency farm loan program. Our staff will assist qualified applicants with the necessary forms and paperwork to complete an FSA Guarantee request.

Appraisals

The appraisal staff of Farm Credit of Southern Colorado, ACA, can provide a wide range of real estate fee appraisal services for a variety of family or business matters, including:

  • Real Estate Sales

  • Real Estate Purchases

  • Estate Planning

  • Property Settlement

  • Investment Purposes

Farm Credit of Southern Colorado has six full-time, state-certified general appraisers licensed in Colorado and Kansas with over 165 years of experience to help you with your appraisal needs.

We serve a variety of clients, including banks, trusts, individuals, estates, attorneys and government agencies.

To learn more about Farm Credit of Southern Colorado Fee Appraisal Services, please contact Bill Barnes at 719-251-0989 or email Bill Barnes.

You can trust appraisers at Farm Credit of Southern Colorado to provide quality work and timely services at a fair price.

102

Years supporting rural America & AG

1,500

Number of patronage checks distributed last year

$3.75M

Total patronage shared with customers last year

Ready to talk?

Know exactly what you want? Send us a message. A member of our credit staff will contact you within 48 hours, or call:
1-800-815-8559.

Let’s Talk

Contact Info

5110 Edison Ave Colorado Springs, Colorado 80915

Phone: 1-800-815-8559

Web: Farm Credit of Southern Colorado