Farm Loan Programs

Farm Loan Programs

The Farm Service Agency offers loans to help farmers and ranchers get the financing they need to start, expand or maintain a family farm.

Explore our programs below or visit our Farm Loan Discovery Tool to find the loan that’s right for you.


Types of Farm Loans

Read our guidebook to find out:

  • The types of farm loans available
  • How to apply
  • What you can expect once you submit your application; and
  • Your rights and responsibilities as an FSA customer

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Your Guide to FSA Farm Loans Cover Page

Examples of Farm Loans

Operating Loans can be used to purchase livestock, seed and equipment. It can also cover farm operating costs and family living expenses while a farm gets up and running. Read more.

Meet a Farmer: An Operating Loan helped Alaska farmers Brian and Laurie Olson expand their berry operation. Read more.

Laurie and Brian Olson


Farm Ownership Loans can be used to purchase or expand a farm or ranch. This loan can help with paying closing costs, constructing or improving buildings on the farm, or to help conserve and protect soil and water resources. Read more.

Meet a Farmer: Jesse and Tracey Paul purchased a farm using a Farm Ownership Loan. Today their family produces pure maple syrup in Trout Creek, Michigan. Read more.

Jesse Paul Checking the Syrup sugar content


Microloans are a type of Operating or Farm Ownership Loan. They’re designed to meet the needs of small and beginning farmers, or for non-traditional and specialty operations by easing some of the requirements and offering less paperwork. Read more.

Meet a Farmer: With the help of a low-interest microloan, Nik Bouman was able to purchase new equipment for his hydroponic basil farm, allowing him to quadruple his business and expand access to fresh basil in his community. Read more.

Nik Bouman's New Equipment


Youth Loans are a type of Operating Loan for young people between 10-20 years old who need assistance with an educational agricultural project. Typically, these youth are participating in 4-H clubs, FFA , or a similar organization. Read more.

Meet a Farmer: Payton Farmer received a youth loan to purchase a breeding heifer and began building her herd. Read more.

Payton Farmer and Macy


Native American Tribal Loans help Tribes acquire land interests within a tribal reservation or Alaskan native community; advance current farming operations; provide financial prospects for Native American communities; increase agricultural productivity; and save cultural farmland for future generations. Read more


Emergency Loans help farmers and ranchers recover from production and physical losses due to drought, flooding, other natural disasters or losses. Read more.

Meet a Farmer: Bruce and Jennifer McCall take pride in raising their sons on the farm and have used FSA programs and loans to expand their operation and recover from natural disasters. Read more.

Bruce and Jennifer McCall with their sons


Targeted Loan Funding

A portion of FSA loan funds are set aside for Minority and Women Farmers and Ranchers to buy and operate a farm or ranch. Read More.

Meet a Farmer: Farmer Koua Thao used an FSA loan to purchase a breeder hen farm with two hen houses on 40 acres in Arkansas. Read more.

Koua Thao with herd of cattle


A portion of FSA loan funds are set aside for Beginning Farmers and Ranchers – family farmers who are just getting started on their journey in farming. Read more

Meet a Farmer: Dakota Davidson is a beginning farmer in Deport, Texas growing wheat, corn and soybeans. Through an FSA beginner farmer loan he was able to purchase the remainder of what he needed to plant his first wheat crop. Read more.

Dakota Davidson driving his tractor


Direct Loans vs. Guaranteed Loans

Many FSA loans are available as either Guaranteed Loans or Direct Loans.

Direct Loans are made directly from FSA to the farmer.

Guaranteed Loans are made by a USDA-approved traditional lender with the backing of FSA. Read more about Guaranteed Loans and access the lender toolkit here.


More Information

Use our Farm Loan Discovery Tool to find the loan that’s right for you.

Read about how to view your loan information 24/7 online using Farmers.gov.

Find your local FSA Service Center for one-on-one assistance.

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Current FSA Loan Interest Rates

ProgramInterest Rates
Farm Operating- Direct1.375%
Farm Operating - Microloan1.375%
Farm Ownership - Direct2.375%
Farm Ownership - Microloan2.375%
Farm Ownership - Direct, Joint Financing2.500%
Farm Ownership - Down Payment1.500%
Emergency Loan - Amount of Actual Loss2.375%
Effective as of August 1, 2020