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Federal Agriculture Mortgage Corporation's Farmer Mac II Secondary Market Program |
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Farmer Mac facilitates a secondary market program by giving participating lenders access to capital at rates comparable to government agency rates. In turn, lenders can pass competitive rates to their borrowers as long-term fixed rates, lower interest rates, or both. The program enables those lenders to offer very competitive rates on a wide variety of loan terms, free of most conventional regulatory restraints or funding sources. U.S. Department of Agriculture (USDA), Farm Service Agency (FSA), and Rural Business-Cooperation Service (RBS) lenders across the country are increasingly using Farmer Mac II to benefit themselves and their borrowers. Each month Farmer Mac facilitates the sale of USDA Farm Ownership (FO) and Operating Loan (OL) guarantees, and RDA Business and Industry (B&I) guarantees into the secondary market. For more information on the Farmer Mac II loan program, you can contact your local lender or visit the Farmer Mac site at: http://www.farmermac.com |