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The majority of our farm real estate loans are fully amortized for 20 years, which means lower, more manageable payments. Shorter terms — as low as five years — also are available. Choose from annual, semi-annual, or monthly payment schedules. Our standard loans have no balloon payments so you won't be forced to renew or refinance at a later date when rates could be higher. And with no pre-payment penalty, you can pay ahead or pay off your loan at any time. Select an interest rate option that best meets your needs.
Conversion options, allowing you to change from one interest rate to another, also are available on most loans to provide you with even more flexibility to take advantage of market trends. Some conversion options are available during specific periods and may carry a fee but still are generally less costly than refinancing.
Maximize your return on cash by using your farm real estate loan's unique Funds Held account feature. Advance payments on your farm real estate loan can be placed in your personal Funds Held account to earn a very competitive interest rate until they are automatically applied to your next loan payment. This can effectively reduce your cost of borrowing significantly.
With our FC Connect - online banking, you can check on balance, interest and other account information, as well as transfer funds to and from your FCS account, 24 hours a day, seven days a week. And do it all whenever and wherever it is most convenient for you in a secure, protected electronic environment — via the Internet or by phone.
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