USDA farm loans

 

 Call 631-451-7400  FSA

USDA Farm Loans
Call  631-451-7400
The finance Experts
Serving clients since 1987
Financial Services of America     -  All 50 states

What is a USDA Loan?

A USDA Guaranteed Loan is Government insured 100% purchase loan. These Loans are serviced by direct lenders                         ...that meet federal guidelines and only offered in rural areas.

  
 

News Conditions for USDA Farm Loans

Jim Pendleton - MrMortgageTM

Debt to Asset Ratio - This ratio is computed by dividing total debts by total assets

Current Ratio - calculated by dividing total current assets by total current liabilities

Proforma Ratios - Projected ratios taking into account the loan being requested.

Debt Coverage - calculated by dividing Cash Available for Debt Service by the total

principal and interest payments for the year on all term debt (does NOT include interest

on operating/working capital loans;