There is no minimum loan amount. The maximum loan amount for a Direct Farm Ownership Loan is $300,000. There is no required down payment. All applicants for direct FO loans must have participated in the day-to-day management of a farm or ranch for at least 3 years.
Organization |
Farm Service Agency (FSA) |
Publisher |
United States Department of Agriculture |
Published |
2015 |
Material Type |
Written Material |