Vision Bank is your farm-friendly community bank!
We offer farm real estate loans, ranch financing, and other types of agricultural real estate financing for agribusinesses in Oklahoma. From the "Cotton Bust of 1924" through the present-day, we've been the financial partner of choice for local farms during good times and bad. Put our experience to work for you in finding the best farm land loan for your objectives. Our employees live and work in the same community as you, and they understand the nuances of the local agriculture industry and farm real estate market. Besides this valuable local knowledge, choosing a community bank as your farm real estate lender means you'll benefit from our local decision-making, swift turnaround time, flexible lending terms, and competitive interest rates.
How do Farm Real Estate Loans Work?
Whether you're looking to purchase your first farm or ranch or expand your current operation our farm real estate financing can help you buy the land you need and construct or improve the farming structures you'll need to get started, such as barns and livestock shelters. You can also use farm real estate loans to refinance existing debt at a better rate or terms.
Besides these primary uses for agricultural real estate financing, your imagination is the only ceiling on the projects you can build. If you need help with livestock financing, we have options available for your business. As people take a greater interest in local produce, many farms expand to provide "pick-your-own" experiences, petting zoos, and other farm-related entertainment. The Farm Service Agency also backs conservation loans for special projects related to soil erosion, water quality, and switching to organic or more sustainable farming models.
To apply for a farm real estate loan, you'll need to consider the loan-to-value ratio, minimum debt coverage, debt-to-asset ratio, and your personal credit history as well as your farm's current financial situation. Vision Bank offers a full range of loan types including fixed-rate and adjustable rate loans. Our lending team can help you determine which farm real estate loan best meets your needs.