Fixed Rate Loans
Fixed rate loans are intended for borrowers who want protection against rising interest rates during the term of the loan . With fixed rate loans, the interest rate and the payment are established at purchase, and remain the same over the full term of the loan. Fixed rate loans allow you to get a set rate over a long period of time without concern over fluctuating market conditions. Fixed rate loans can be amortized with Progressive Farm Credit over various terms:
Farm Real Estate Loans: 10, 15, 20, 25 or 30 year terms
Commercial Farm Loans: 1, 3, 4, 5 , 7, 10 year terms
Rural Home Loans: 10, 15, 20, and 30 year terms
Farm Credit Southeast Missouri's loan officers can work with you to choose the loan that's right for your individual needs. Contact your local Farm Credit Southeast Missouri office today for expert advice.