• facebook
  • twitter
  • YouTube
  • RSS feed
  • 651-201-6000
  • 800-967-2474
  • 800-627-3529 TDD
  • PARKING

Loading
NodeFire Save Document
Home > All About the MDA > Minnesota Farmer Assistance Network > Farm Service Agency (FSA)

United States Department of Agriculture (USDA), Farm Service Agency (FSA)


Minnesota State Office
St. Paul, MN 55101
Phone 651-602-7700
Fax 651-602-7743

Farm Loan Programs

FSA offers a variety of loan programs for farmers which are all based on eligibility.  Each county has a FSA and all producers should contact their local county office loan manager for assistance and/or loan application packet.  The following is a short review of the loans available to farmers who qualify.

Guaranteed Farm Ownership Loan

A loan made by another lender and guaranteed by FSA to eligible applicants to purchase, enlarge, or make capital improvements to family farms, promote soil and water conservation and protection or to refinance farm debt. The maximum loan amount is $949,000 (for FY 2008).

Guaranteed Operating Loan

 A loan made by another lender and guaranteed by FSA to an eligible applicant to assist with the financial costs of operating a farm. Authorized uses of loan funds include financing the purchase of farm equipment or livestock, paying for annual operating expenses and refinancing farm operating debts. The maximum loan amount is $949,000 (for FY 2008).

Beginning Farmer Down Payment Loan

A type of farm ownership loan with special rates and terms made to Beginning Farmers to finance a portion of a real estate purchase. FSA finances 40% of the cost, 10% is paid for by the applicant and 50% is financed by either a Contract for Deed or by a commercial lender (possibly with a Guarantee).

Direct Farm Ownership Loan

A FSA loan made to a farmer to purchase, enlarge, or make capital improvements to family farms, or to promote soil and water conservation and protection. The maximum loan amount is $200,000. The FSA loan can be combined with another lender's loan to finance costs that total over $200,000.

Direct Operating Loan

A FSA loan made to a farmer to assist with the financial costs of operating a farm. Authorized uses of loan funds include financing the purchase of farm equipment or livestock, paying for annual operating expenses and refinancing farm operating debts. The maximum loan amount is $200,000.

Emergency Farm Loans

Emergency Loans are available to eligible applicants who have incurred substantial financial losses from a disaster. The maximum outstanding Emergency loan amount is $500,000.

Youth Loans

A FSA loan to eligible rural youth applicants (age 10-21) to finance a modest income-producing agricultural project. The maximum loan amount is $5,000.