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.
We encourage you to contact your local office or USDA Service Center to learn more about our programs and the information you will need for a complete application. To locate your local FSA office, click here or find a listing in the telephone directory in the section set aside for governmental/public organizations under the U.S. Department of Agriculture, Farm Service Agency. Our local FSA offices will be happy to provide you with further information and a loan application.