What can a Comprehensive Refinancing Loan be used for?
Comprehensive Refinancing Loans provide refinancing for existing MASC Direct Loan clients in financial difficulty.
What are the Qualifications?
- Applicants must be an existing MASC client.
- Applicants must personally operate the farm to which the loan applies.
- The farm must be considered potentially viable and meet security requirements.
What are the Terms and Conditions?
- Eligible applicants of the Comprehensive Refinancing program can select any MASC fixed term at the posted rate for that term.
- Amortization terms of up to 25 years are available.
- Loans may be approved in conjunction with other debt restructuring using MASC’s Direct Loans.
- The process associated with these loans may include consultations with the federal Farm Debt Mediation Service.
- These loans are secured with real, personal, and/or other security as required.
Lending Rates
Effective: July 3, 2026
Fixed Rates
Term |
Interest |
Monthly (Amortized payment per $1,000) |
Quarterly |
Semi |
|---|---|---|---|---|
1 |
4.700% |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
2 |
4.900% |
$43.80 |
$131.95 |
$265.50 |
5 |
5.100% |
$18.89 |
$56.92 |
$114.55 |
7 |
5.250% |
$14.23 |
$42.86 |
$86.28 |
10 |
5.450% |
$10.80 |
$32.54 |
$65.52 |
15 |
5.850% |
$8.32 |
$25.08 |
$50.53 |
20 |
6.200% |
$7.23 |
$21.81 |
$43.96 |
25 |
6.350% |
$6.61 |
$19.93 |
$40.17 |
Renewable Rates
1 Year |
2 Years |
3 Years |
4 Years |
5 Years |
|---|---|---|---|---|
4.700% |
4.850% |
5.000% |
5.150% |
5.300% |