Real Farm For Mac



About Farmer Mac 2*

Farmer Mac’s USDA Guaranteed Loan Purchase solution, also known as “Farmer Mac 2” provides financial institutions with an efficient and competitive secondary market for USDA guaranteed portions and enhances participants’ ability to offer innovative products to their customers.

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Find Mack, CO land for sale at realtor.com®. The median listing price of land in Mack is $178,900. Farmer Mac has four different business segments ─ Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The first and largest is the Farm & Ranch program. Under this program, Farmer Mac operates a secondary market for mortgage loans on agricultural real estate. McCormick County, South Carolina Land Information Land for sale in McCormick County, South Carolina, recently totaled almost $17 million and around 2,000 acres. McCormick County is the 45th biggest county (393 square miles) in South Carolina. McCormick County is in the Upstate Region region of the state.

Eligible USDA-guaranteed portions include Guaranteed Farm Ownership, Operating, and Conservation loans under the Farm Service Agency; also eligible are Business and Industry, Community Facility, and Water and Environmental Program loans under Rural Development.

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Benefits of working with Farmer Mac 2 include:

  • Strengthen customer relationships by offering borrowers a wider variety of loan products with attractive rates and terms.
  • Enhance ROA through greater servicing fee income.
  • Generate liquidity that can be used to re-lend to new borrowers.
  • Minimize interest rate risk while still offering borrowers intermediate and long-term fixed rate loans up to 30 years.

Latest 3-Month COFI Rate

Annual, S.A., & Qrtly Pay Cash:

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1.38%

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* Rates are set by Farmer Mac on behalf of Farmer Mac II LLC. View the latest reset rates on our other products here *Farmer Mac II LLC (“Farmer Mac 2”) is an operating subsidiary of the Federal Agricultural Mortgage Corporation (Farmer Mac). Established in 2009, Farmer Mac II LLC purchases the guaranteed portions of loans guaranteed by the United States Department of Agriculture under the Consolidated Farm and Rural Development Act of 1972.