Farm Loans


Home Equity Loans

Conveniently manage daily farm and family needs with a home equity loan. This flexible loan option lets you handle larger financial transactions — from additional livestock to a new piece of equipment.

Competitive Loan Rates
  • Loans for mortgages, operating needs and equipment purchases. Your home equity loan can be used for all types of farm and family needs, with a competitive interest rate
  • Loans are priced based on the current New York Prime Rate index plus a margin. To obtain this rate, your payment must be automatically transferred from your checking or savings accounts through our PAID (automatic payment) program.
No Opening Fees
  • No up-front fees required to open your account.
  • Generally, no appraisal fee for your property if an existing appraisal can be used.
  • Equity lines with less than a $10,000 average outstanding balance over 12 months incur a $100 service charge.
  • Access loan with convenient drafts or through our 24-hour online banking site 
  • Credit line replenished as principal payments are made on the loan
  • Amounts placed on fixed-rate segments will be repaid on an amortized schedule. When paid in full, those amounts also replenish your credit line. 
  • Immediate access to money for farm or family needs 
  • Flexible line of credit up to $150,000
  • Make interest-only payments, or principal and interest payments, anytime, without penalties or fees
Payment Options
Potential Tax Benefits
The interest on your equity line may be tax deductible because it is associated with your mortgage debt. Consult your tax advisor for more information. 

Loan Conversion Program
  • When interest rates or circumstances change, you can convert existing loans to a lower rate
  • Please call your local office for eligibility requirements

Farm Credit Mid-America serves the states of Indiana, Ohio, Kentucky and Tennessee.

Kentucky (excludes Ballard, Calloway, Carlisle, Fulton, Graves, Hickman, Marshall and McCracken.);
Ohio (excludes Lucas, Wood, Hancock, Ottawa, Sandusky, Seneca, Crawford, Wyandot and Marion counties).

**Assumes applicant is in good credit standing.

Error Resolution and Information Requests:
You can send us a Notice of Error or Information Request as part of the Real Estate Settlement Procedures Act (RESPA) to ask for information or to dispute errors about the servicing of your mortgage loan. Your submission must be in writing and include the name of each borrower, the loan number and a description of the error you believe has occurred OR a request for specific information regarding your mortgage loan. Please mail it to the following address for the receipt and handling of these requests:

Farm Credit Mid-America
Attn: Loan Servicing Department
1601 UPS Drive
Louisville, KY 40223