Loan Programs & Services

Apply for a Loan

You can start the application and approval process right here with our simple online form, or you can download a full application form for loans under $100,000. Additional information will be needed if approved.

Contact a Loan Officer

Download Loan Applications

When you click on one of the links below, follow the directions to apply for a loan.

Mortgage Real Estate up to $250,000

Mortgage Real Estate Over $250,000

Commercial Loans up to $100,000

Commercial Loans Over $100,000

You must have Adobe Acrobat to view and print these forms. If you don't have Acrobat, you can download it for free here:

Acrobat 7.0 Download Now!

Once you have these forms downloaded to your computer, print them, fill them out and either mail or fax them to the location that serves your area.

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Loan Programs

AgTexas specializes in offering lending programs tailored to the needs of agricultural producers. Our loan officers are veteran agricultural lenders and specialists in structuring loans that complement your financial plan. We make loans for the following purposes.

Livestock & Dairy Financing

We finance the purchase of livestock, fertilizer, feed and replacement cattle, as well as the expansion of current operations and more.

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Farm Operating Loans

We fund farm and ranch operating expenses including feed, fertilizer, chemicals, labor, fuel and other expenses involved in raising a crop and operating a farm or ranch.

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Real Estate

AgTexas offers real estate financing with terms of up to 30 years with fixed and variable rate options designed to meet your personal or business needs. Loans are available for:

• Farm and Ranch purchases and refinance
• Farm and Ranch improvement construction
• Agribusiness purchase, refinance, and construction
• Recreational Property
• Working capital loans for Agricultural and Agribusiness purposes

Please contact one of our local offices for complete details on available programs.

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Operating and Capital Loans

Short-Term Operating Loans
Short-term loans are made for general operating expenses such as labor, feed, seed, fertilizer, repairs, veterinary costs and small capital purchases. These loans generally involve financing the production of crops, livestock, or dairy products. Inventory and commodity loans are made for the purpose of marketing. Terms: Generally, one year or within an operating business cycle. Operating and line of credit loans generally require crop liens in addition to other underlying security.

Intermediate-Term Loans
Intermediate-term loans are made for purchases of machinery, equipment, vehicles, breeding stock and real estate; farm and home improvements; construction of livestock facilities; and debt consolidation. Terms: Up to 10 years.

Farm-Related Business Loans
Farm-related business loans are made to an individual or legal entity engaged in furnishing custom-type farm-related services related to on-farm operating needs. Loan purposes include sites, capital structures, equipment and working capital. Terms: Loan term corresponds with the normal useful life of the asset financed.

Basic Processing and/or Marketing Activities
Loans to finance the basic processing and/or marketing activities related to production of farmers, ranchers and aquatic harvesters. The activity must be an extension of farm production such as vegetable packing, seed cleaning, and ginning.

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Scorecard (AgFast) Loans

AgFAST is a "credit scoring" program allowing credit decisions with limited borrower information. Through this program, loan approval for nearly any agriculture-related purpose or rural home loan, within the program's limits, can be issued within minutes.

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Loan Calculators

It's a good idea to know the monthly payment on the loan you choose. This knowledge can show you how your loan and loan payments will fit into your total monthly budget. It can also help determine the kind of loan most appropriate for your needs. Simply insert the information into the fields and press the calculate button below to see your approximate payments:

How much can I afford? Calculator

Mortgage Loan Calculator

Note: While these calculators are intended to give you an estimate of costs associated with getting a mortgage, their accuracy is not guaranteed. They should also in no form, express or implied, be interpreted as credit approval.

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Services

AgTexas FCS offers a wide range of services to its customers. We invite you to contact us should you have interest in or questions about any of the services listed below:

Appraisal Services

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Crop Insurance

Multi-Peril - In Texas, the weather is often too dry or too wet. A little peace of mind goes a long way these days, especially when it's easy and affordable to obtain. Multi-Peril Crop Insurance (MPCI) can help you take some of the risk and worry out of the whims of nature. Think of it as "weather management" insurance, because it can protect your financial well-being from nearly all natural disasters, including:

• drought
• excess moisture
• cold and frost
• flooding

Crop Hail - For producers wanting to supplement their Multi-peril coverage or carry hail insurance independent of Multi-Peril.

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Credit Life Insurance

AgTexas offers loan protection insurance coverage that is designed to protect your farming investment and your family’s financial future – affordably and conveniently. We partner with Minnesota Life Insurance Company to offer a variety of options to best fit your needs with very competitive rates.

• Premier Term Life: This term life product is individually underwritten; your premium is based on personal factors. The plan offers one-, five- and ten-year renewable plans in the amount of $75,000 and up. This coverage is guaranteed renewable as long as you pay the insurance premiums. Your medical exam is paid for or provided by the insurance carrier! Your coverage can continue even after payment of your AgTexas loan.
• Advantage Term Life: This insurance product offers ten- and twenty-year premium guarantee premiums on policies of $100,000 or more. It offers a Disability Waiver of Premium and can be converted to a permanent insurance coverage within the initial premium guarantee period or prior to age 65. This coverage is also eligible for continuance after payment of your AgTexas loan.
• Loan Protection Life: Choose the amount of insurance you need to provide coverage for loan balances owed. Renewal options include both level and decreasing coverage, depending on your loan type. In most circumstances, no medical examination is required for this coverage, only the completion of a health questionnaire. Optional Disability Coverage provides additional protection if you’re under age 60 and become totally disabled for more than 90 days.  The disability coverage will help you make your loan payments for up to three years!

¹ Premium fixed for term selected.
² Completion of medical exam is dependent upon health questionnaire responses and amount of coverage.

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Cash Management

PreAuthorized Electronic Installment Drafting (PAID)

The Easy Way to Pay

Preauthorized electronic drafting is a method by which your loan installment payment is made without your having to write a check. With this method, the Farm Credit Bank of Texas (FCBT) draws an electronic draft on your local bank account.

What advantages does the program offer?

• The preauthorized draft eliminates preparation of a check and the increasing cost of postage.
• The billing will not be overlooked or misplaced.
• Your check will not be lost in the mail.
• The payment will be made on time, even though you may be traveling, thereby eliminating late payments and penalty interest.
• All these features are available at no additional cost to you.

Since this loan repayment process is more efficient than traditional payment methods, your money will be working harder for you, the association member/borrower, as a result of reduced costs to the association.

How do I sign up for preauthorized electronic drafting?

Contact us for authorization forms. Or, you may choose to download the forms by clicking here. (You must have Acrobat Reader installed to open these documents). Complete the authorization forms and send them to your local AgTexas office. Enclose a voided personal check so that we may properly establish your account with the appropriate bank numbers. The voided check will not be returned. Processing of your information will take 30 days. Your payments will be made automatically from that time forward until you notify us to stop electronic drafting.

PDF Forms require Adobe Acrobat Reader, available here

Will I continue to receive a billing statement?

A billing statement will still be sent to you for record purposes. The statement will indicate your installment is to be paid through the preauthorized electronic drafting program. An entry for the electronic draft drawn on your bank account by FCBT will appear in your monthly bank statement and evidence proof of payment.

When is my account affected?

The payment amount applied to your loan (and/or Funds-Held Account) will be posted on the same day as the funds are withdrawn from your financial institution.

Can I change my mind about using preauthorized drafting?

Yes. Notify your local AgTexas office in writing 30 days in advance of the payment due date, and a regular billing statement will be sent to you for payment. You also may stop a preauthorized electronic transfer by notifying your financial institution at least three business days prior to the transfer date.

What if the payment amount changes?

If an interest rate decrease or increase is approved, on the billing notice you will be notified of the change. The new installment amount will become the amount withdrawn from your account.

Can I still make deposits to Funds-Held or make extra payments?

The installment amount drafted on your account will be a fixed amount, taking into consideration variations in the billing rate on each transaction date. On an optional basis, a constant fixed amount above the installment amount can be included in the system and deposited to Funds-Held or additional principal, if desired. You may choose to make a Funds-Held deposit or special principal payment directly to your local association at any time. Contact your association to obtain information about your association's Funds-Held program.

Is this program available for all loan products?

Preauthorized electronic installment drafting is not available on any products that may allow interest rate adjustments on a daily basis.

FASTCA$H

The quick, easy and dependable way to draw funds from your

Line-of-credit loan or Funds-Held Account

At AgTexas Farm Credit Services, we know your time is valuable. That's why we make it easy for you to access your line-of-credit loan or Funds-Held Account with FastCa$h, our new loan disbursement service.

Now - with just one phone call - you can make a loan payment or do your banking from your home, your office or the cab of your tractor.

While we take care of the details, you can get on with your business.

It's Quick

When you need money quickly - to make a purchase, cover a check or pay operating expenses - give us a call. We will electronically transfer funds from your AgTexas loan directly into your bank checking or savings account.

Call today, and the money will be in your account tomorrow.

It's Safe and Easy

To sign up for this service, stop by your local AgTexas, FCS office. Give us your signature and checking or savings account information, and we will establish a FastCa$h account for you.  For security purposes, you will be assigned your own personal identification number (PIN) to use when you call in.  After 10 business days, you will be able to request a transfer whenever you need one. It's that easy.

It's Dependable

As soon as your FastCa$h account is set up, you can transfer funds from your Farm Credit loan to your bank account. Here's how:

Call your local AgTexas, FCS office by 2:00 p.m. CST.

Tell us how much money you want transferred.

Sit back and relax. The money will be in your account the next business day.*

* Requests received after 2:00 p.m. will be processed promptly the next business day.

To establish your FastCa$h account, see your AgTexas loan

officer today. Or, download and fill out the attached Application

Form and return it to your local AgTexas office today!

PDF Forms require Adobe Acrobat Reader, available here

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The external links on this page will take you to sites outside of our web site. They are provided as a resource for your use. This institution does not provide, endorse, or guaranty products or services available on external sites.

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