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: September 2, 2026
Fixed Rates
Term |
Interest |
Monthly (Amortized payment per $1,000) |
Quarterly |
Semi |
|---|---|---|---|---|
1 |
4.850% |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
2 |
5.050% |
$43.87 |
$132.16 |
$265.98 |
5 |
5.350% |
$19.00 |
$57.27 |
$115.29 |
7 |
5.550% |
$14.36 |
$43.29 |
$87.17 |
10 |
5.750% |
$10.94 |
$32.99 |
$66.44 |
15 |
6.150% |
$8.48 |
$25.56 |
$51.52 |
20 |
6.500% |
$7.41 |
$22.33 |
$45.03 |
25 |
6.650% |
$6.79 |
$20.48 |
$41.30 |
Renewable Rates
1 Year |
2 Years |
3 Years |
4 Years |
5 Years |
|---|---|---|---|---|
4.850% |
5.050% |
5.250% |
5.400% |
5.550% |