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: June 2, 2026
Fixed Rates
Term |
Interest |
Monthly (Amortized payment per $1,000) |
Quarterly |
Semi |
|---|---|---|---|---|
1
|
4.750% |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
(1-year term for Stocker Loans) |
2
|
5.100% |
$43.89 |
$132.23 |
$266.14 |
5
|
5.300% |
$18.98 |
$57.20 |
$115.15 |
7
|
5.450% |
$14.32 |
$43.15 |
$86.88 |
10
|
5.650% |
$10.89 |
$32.84 |
$66.13 |
15
|
6.000% |
$8.40 |
$25.32 |
$51.02 |
20
|
6.300% |
$7.29 |
$21.99 |
$44.32 |
25
|
6.500% |
$6.70 |
$20.20 |
$40.73 |
Renewable Rates
1 Year |
2 Years |
3 Years |
4 Years |
5 Years |
|---|---|---|---|---|
4.750% |
5.050% |
5.200% |
5.350% |
5.500% |