FAQs

What is Southern AgCredit?

Southern AgCredit is — is an Agricultural Credit Association (ACA) offering long-term rural real estate loans and short- and intermediate-term agricultural operating loans. Established in 1916, Southern AgCredit is a cooperative (often referred to simply as an association) that is owned by its borrowers. It is a member of the Farm Credit System, a nationwide network of agricultural lending cooperatives.

Who is eligible to borrow money from Southern AgCredit?

Any person or legal entity who is involved or plans to become involved in agriculture or in the ownership of agricultural or rural property is eligible to apply for a loan. Loan approval and terms are subject to the creditworthiness of the applicant.

The Federal Land Bank Association (FLCA) subsidiary provides loans for farm and ranch real estate, recreational property, timberland, agribusiness firms, and rural homes. The Production Credit Association (PCA) subsidiary specializes in loans for livestock and equipment purchases, farm and ranch operating expenses, and all types of agribusiness needs.

What type of loans does Southern AgCredit make?

We make loans to purchase rural real estate, refinance existing mortgages and other debts, construct and repair homes and other buildings, make property improvements, construct or improve agribusiness facilities, purchase machinery and equipment, purchase livestock, provide operating funds and any other needs where financing is appropriate.

Does Southern AgCredit make home loans?

Yes, we make loans for the purchase, construction, and improvement of homes located in rural areas. We also finance rural homesites upon which a house will be built in the future.