Compeer's land-purchase loan for young and beginning farmers needs as little as 1% down and allows up to $1 million in combined financing. Rates are discounted for the first five years and amortization runs up to 30 years. It is aimed at farmers who have outgrown FSA options or don't qualify for them, for example because of off-farm income or ownership structure.
Eligibility
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Under 35 years old or under 10 years of farm management experience
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A first-time buyer or early-career operator
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Expanding an operation or buying into a family farm
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Looking for a bridge beyond FSA programs
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Compeer territory (144 counties in IL, MN, WI)
Terms
Up to $1,000,000 combined; 1% minimum down; 30-year amortization options; discounted interest rates for the first five years; complements FSA loans (cannot be combined).
Published amounts: Up to $1,000,000 in combined loan financing; 1% minimum down payment; 30-year amortization options; Discounted interest rates for the first five years
Application Instructions
Start a conversation with Compeer via the page's contact form or call Client Services; standard Compeer loan application.
Deadline text on the page: No deadline; ongoing loan product.
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Updated October 20, 2026
Image Credit: Werner Sevenster
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