Farmer Mac is a stockholder-owned company created by Congress to increase access to capital and reduce the cost of credit for the benefit of America’s farmers, ranchers, and rural communities.  For more than a quarter-century, Farmer Mac has been a vital partner helping lenders meet the evolving needs of their customers, bringing the financial strength of the nation’s premier secondary market for agriculture right to their customers’ farms and ranches.

Program Features

ICBA member banks approved as Farmer Mac sellers receive special benefits on Agricultural Loan products as part of Farmer Mac’s partnership with ICBA:

• Quick and responsive answers to program, product, or credit questions through email hotline
• “On Demand” customized tutorials for Ag lending staff
• ICBA Program information, including rates, tools, and FAQ are featured on Farmer Mac’s website
• Streamlined seller application process

ICBA Member Advantages

• Farmer Mac 1-Month LIBOR Product – 0.10% pricing benefit (10 basis points)
• Farmer Mac 10-Year VRM Product (with a 15 or 20 year maturity) – 0.125% pricing benefit (12.5 basis points)
• Farmer Mac 10-Year VRM Product (with a 25 or 30 year maturity) – 0.125% pricing benefit (12.5 basis points)
• Farmer Mac 5-Year VRM Product (with a 10, 15, 20 or 30 year maturity) – 0.125% pricing benefit (12.5 basis points)
• Farmer Mac 15-Year VRM Product (with a 20 year maturity) – 0.125% pricing benefit (12.5 basis points)
• Farmer Mac 15-Year VRM Product (with a 25 or 30 year maturity) – 0.125% pricing benefit (12.5 basis points)