How to Get Fast Land Loans with AgAmerica’s Accelerate Program
Getting fast land loans without the hassle is a priority for farmers, ranches, and AgAmerica.
Nearly a decade ago, our team noticed a pattern—we kept hearing from farmers who were frustrated with how slow, confusing, and complicated traditional loans could be. Many farmers walked away from loans because of the overwhelming documentation process. So, we set out to change that.
The result? The Accelerate Program, a fast land loan designed to cut down on paperwork and make ag financing quicker and easier than ever before.
“[It’s] happening in residential lending and now we’re doing it in ag lending, revolutionizing the industry.”
Brian Philpot, CEO of AgAmerica
In this article, we’ll explain how you can get a land loan fast with AgAmerica’s Accelerate Program.
Fast Land Loan FAQs
How Can I Qualify for a Fast Land Loan Approval?
Qualifications for our fast land loan approval process are adaptable to each unique situation, but general farm loan requirements we assess include:
- Loan amounts between $50,000 and $5,000,000;
- 25-acre minimum; and
- A credit score of 680 or higher.
It’s important to note that these guidelines are subjective to each situation, with possible flexibility available along with a variety of loan term options. Loan terms can range anywhere from 5 to 30 years with a maximum loan to value (LTV) ratio of 70 percent. Adjustable and fixed rates are available depending on what best fits your situation.
What Documentation Is Required?
Rather than the standard 12 common documents needed for a land loan, AgAmerica’s Accelerate Program applicants can provide as little as three documents to determine eligibility.
- The Accelerate loan application;
- Three most recent year-end federal tax returns; and
- A current balance sheet or financial statement.
Additional documents may be required on a case-by-case basis. However, our experienced team is available and will work with you directly to make documentation as easy as possible.
How Long Does It Take to Get Approved?
Once documents are received, the approval process can happen in as soon as 24 hours.
The closing process is streamlined as well—with land appraisal taking up a majority of the time—and have closed in as little as 30 days from when the application process began.
Are There Any Prepayment Penalties or Annual Fees?
All loan products at AgAmerica have zero prepayment penalties or annual fees attached.
The only restriction in the Accelerate Program is a one-year lockup period before you can refinance, pay off the loan, or change terms.
Can I Apply Online?
You can begin the financing process online. A member of our team will follow up to discuss your financing needs. If it’s a fit, you’ll have the option to complete documentation and monitor progress electronically.
What Makes AgAmerica the Best Choice for Fast Land Loans?
AgAmerica’s mission isn’t simply to finance loans, it’s to find the best solutions available and ensure agricultural operations are set up to succeed for future generations to come. Our commitment to creating a financial structure that is resilient in an ever-changing world is evident in the success stories of our American Farmers.
“AgAmerica had by far the easiest process with the best customer service that we have ever been involved in. Nothing is easy in life but dealing with a great loan company makes it a little easier. We will definitely be using AgAmerica for all of our future business needs.”
AgAmerica Client
Here are a few ways our dedicated team stepped in to help secure fast financing for our clients.
North Carolina Farmer Consolidates Debt and Lowers Payments with $618K Refinance
A North Carolina farmer was struggling with complicated loans tied to his house and needed a better way to manage his debt. Traditional lenders wouldn’t help, but AgAmerica stepped in with a fast and flexible solution. We refinanced his $618K debt into one easy loan, removed his house from the farm debt, and gave him more financial freedom. Now, his farm is more stable, and his finances are easier to manage—all thanks to AgAmerica’s quick and custom loan support.
Georgia Landowners Use Accelerate Loan Package to Expand Operation
A couple in Georgia wanted to grow their farm by buying nearby land, but they needed fast financing to make it happen. AgAmerica stepped in with a 30-year fixed-rate loan to help them get started. When they were ready to expand again, they came back to AgAmerica. Using the Accelerate Land Loan Program, we quickly set up two separate loans to meet tight closing deadlines with less paperwork. Thanks to AgAmerica’s fast and flexible support, the couple was able to grow their operation just the way they planned.
Rancher Secures $1.5MM Texas Land Loan to Purchase Property and Boost Capital
A Texas rancher needed fast financing to buy a new property using a 1031 exchange, which has a tight 45-day deadline. With help from his financial advisor, he turned to AgAmerica. We quickly approved a $1.5 million loan package—half for buying the new ranch, and half as a flexible credit line for improvements and operations. Thanks to AgAmerica’s speedy process and flexible terms, the rancher secured the land on time and now has extra capital to grow his investment.
Secure a Fast Land Loan with Minimal Paperwork
“The people at AgAmerica Lending enhance the process by keeping it simple and quick. Interaction and communication are the right buttons to push when dealing with your financial needs from a lending institution.”
AgAmerica Client
At AgAmerica Lending, we prioritize innovation and efficiency. As a leading agricultural land lender, we take a hands-on approach to revolutionizing the industry in a way that best meets the needs of our farmers and ranchers. These needs can often fluctuate over time, so we maintain lasting communication and transparency with our clients to ensure their financial structure continues to evolve along with it. The diversity of our products enables customizable solutions that are specific to each borrower’s unique situation. Through the Accelerate Loan Program, we’ve been able to expedite financing for farmers and set their operations up for future success.
Learn more about our Accelerate Loan Program or start your request online.
