Farmer Mac Competitors, Revenue, Alternatives and Pricing

Claim your profile

Overview

Location:
Total Funding:N/A
Industry:Finance
Founded:1988
Lead Investor(s):N/A

Employee Data

  • Farmer Mac has 159 Employees.(?)
  • Farmer Mac currently has 1 job openings.

Farmer Mac is America\'s secondary market for first mortgage agricultural real estate loans. It was created by Congress to improve the ability of agricultural lenders to provide credit to America\'s farmers.Under the Farmer Mac I Program, we purchase or swap qualified loans from or with lenders who are approved sellers, thereby replenishing their source of funds to make new loans. The Farmer Mac II Program provides secondary market funding to support USDA guaranteed loans. Through Farmer Mac II, lenders sell the guaranteed portions of USDA loans directly to Farmer Mac. Farmer Mac buys the guaranteed portions at attractive rates, which allows agricultural lenders to increase profits and to provide better services to their borrowers and communities.

keywords:N/A