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Cornbelt Real Estate & Farm Management


QUICK FACTS

  • Minimum size loan is $1,000,000.00, with no upper limits.
  • Terms, 10, 15, 20, and 30 years
  • Rate determined after review of the application.
  • Secured with 1st Mortgage

INVESTORS OVERVIEW OF OUR SERVICES

Our core business is to match investors with a long term investment horizon, with progressive farm operators who have a commitment to the preservation and improvement of the land they operate. We are committed to match the goals of the investor with an operator who is dedicated to improving the productivity and the profitability of the farm. We strive to meet the investors goal for a reasonable rate of return, but also recognize these goals may not be realized every year due to the cyclical nature of agriculture.

Land has to be viewed as a long term investment, recognizing that the earnings, when coupled with the long term appreciation of the asset, make land a very desirable investment vehicle. While land has had a large appreciation in recent years due to a merging of several positive factors, this cannot continue indefinitely. We now have most likely seen the high in commodity prices, and are at the low in interest rates. Land is a safe investment for the long term. While not liquid in nature, there are certain tax advantages to owning land which can make it a key piece of an investment portfolio.

We would also note, that if we do not feel that we can offer the a value for our service, we will not accept an investor if we feel his expectations do not match our core business model. Our goal is to establish a good working relationship with the investor, and strive for repeat business.


Farm Operators

Corn Belt's goal is to match progressive farm operators with investors who are committed to improving the productivity of the land.

The type of operator we are seeking would incorporate most of the following in their operation:

  1. We favor multi -generational family operations . Historically, these operations have the ability to weather production and market cycles. While this does not preclude us from dealing with other operators, this is the business structure of choice.
  2. The operator should have a risk management structure in place, which would help to insure the long term viability of the operation. This could include crop insurance and marketing plans to enhance profitability.
  3. A dependable line of well maintained machinery. This does not necessarily mean all brand new machinery, but equipment which shows there is a good preventive maintenance program in place.
  4. Good agronomic practices. This could include a comprehensive soil testing program, a commitment to drainage, by way of tiling, and conservation practices such as waterways, terraces, etc.

New Service!!!!!

I have watched as a lot of the “Fair Weather” lenders have kicked agriculture to the curb. This started my search for a dependable lender to serve agriculture's credit needs.

I am happy to announce I have teamed with an established Real Estate Lender to offer long term fixed rate Real Estate Loans on Farms. This company has been in Farm Real Estate Lending for over 100 years, and has a portfolio of over $18 billion. The terms can be for as long as 30 years with a fixed rate that is competitive with the major players in the market.

The costs associated with the loan are very reasonable. Program offers flexibility in the repayment structure that is not offered by many lenders. Whether you’re looking to re-amortize your term debt, expand your operation or refinance an existing mortgage, trust us to tailor a loan that fits your needs.

 

Our Agricultural Mortgage Program offers:

• Intermediate and long-term fixed or adjustable rate mortgage financing
• Competitive interest rates
• Flexible terms and structuring
• Large loan participations
• One point of contact – a dedicated agricultural mortgage professional will originate and underwrite your loan, assist with closing, and serve as your primary contact for servicing
• A streamlined closing process – our in-depth, up-front due diligence before loan application ensures less approval risk.

If you would like more information, to see if this could be a good fit for your operation, feel free to call or text me.

Glenn Leighty, Jr. Referral Agent
Call 812-890-0176.
(Please no Sunday calls)