Farmer Mac II

Pacific Intermountain Mortgage originates guaranteed loans that are sold through the Farmer Mac II Program.

Farmer Mac II, LLC is an operating subsidiary of the Federal Agricultural Mortgage Corporation (Farmer Mac).  Farmer Mac II purchases the guaranteed portions of loans guaranteed by the United States Department of Agriculture under the Consolidated Farm and Rural Development Act of 1972.

Eligible USDA-guaranteed portions include Guaranteed Farm Ownership and Operating loans under the Farm Service Agency (FSA), Business and Industry, and Community Facility Guaranteed loans under Rural Development.

The Farmer Mac II program 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.

FSA’s Guaranteed Farm Loan Program

Enables lenders to extend credit to family farm owners or operators who do not qualify for standard commercial loans

Benefits beginning farmers and family farmers experiencing financial distress, as well as lending institutions and local community as a whole

NOTE:  Farmers receive credit at reasonable terms to finance their current operations or to expand their business.  Financial institutions receive additional loan business and servicing fees, as well as other benefits from the program.

Serves the local community by protecting family farmers and farm-related businesses