New ag loan limit for 2023!

New ag loan limit for 2023!

Current rates

Loan Rate
Loan Rate
Military Home N/A 5.875%*
First Home Targeted 6.375%* 5.875%*
First Home 6.625%* 6.125%*
Homebuyer Assistance (HBA) 6.875%* - 1st loan
1.000%* - 2nd loan
6.375%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 7.375%* 6.875%*
Welcome Home Assistance (WHA)++ 7.625%* - 1st loan
1.000%* - 2nd loan
7.125%* - 1st loan
1.000%* - 2nd loan

Last changed 04/18/2024 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice. 

++An origination fee up to 0.50% of the loan amount may be charged by Lender.

Lender Home / About Farmer/Rancher/Ag Lender

Jan 01 2023

New ag loan limit for 2023!

NIFA is pleased to announce a new purchase loan limit for the Beginning Farmer/Rancher program for 2023. This year, the program saw its largest limit increase in years, jumping from $575,400 to $616,100.

The Beginning Farmer/Rancher program at NIFA helps eligible farmers and ranchers access agricultural loans at lower interest rates than those available in the conventional farm credit markets. The purchase loan limit is a cap on the aggregate amount of the loans received by a farmer or rancher through NIFA's program.

For more information about the Beginning Farmer/Rancher program, visit