Ask the Lender – How long will it take to find out if I’m approved for an ag real estate loan?

Steve Ritter, SVP/Bluffton City Executive and Ag Lender

Steve Ritter, SVP/Bluffton City Executive and Ag Lender

We want to make it is as easy and quick as possible to process your loan application paperwork. As part of our underwriting process, you should be able to supply us with:

  • Year-end financial statements (minimum 3 years)
  • Personal financial statements if farm operation is in an entity
  • 3-5 years of tax returns
  • Operation plan of recent history and projections
  • Additional information about your operation’s future plans and needs

The typical underwriting process will take from 1-4 weeks depending on the complexity of the request and timing our loan approval meetings. We make our loan approval decisions locally and have done this for almost a century. The majority of our lenders and credit underwriters have experience in the agriculture industry and several have hands-on experience.

We have several options available for your financing needs. We offer fixed and variable loan rates. We are preferred lenders with the Farm Service Agency and we typically have approvals from them in 10-14 days. We also participate in the FSA’s
Beginning Farmer Program and their loan guarantee programs.


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