FIGFCU Agency Loans | Low-Rate Financing To Grow Your Agency
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Farmers Insurance Federal Credit Union

Routing Number: 322077795

Two smiling businessmen

Agency Loans

We’ve Got Our Agents' Backs

Farmers Secured Loan

Farmers Agents have a secret weapon when they need a loan: Contract Value (CV). Get rates and terms banks can only dream about offering from the team that knows agents best. 

  • Interest rates as low as 6.99%*
  • Terms up to 15 years 
  • Borrow up to 110% of your Contract Value
  • Direct Deposit of your full Agent Net Check required

Learn more 

Apply Now 

Application fee of $250 and closing fees.

Farmers Secured Line of Credit

Plan now for the unexpected. If you have established Contract Value, you may qualify for a line of credit, which you can access anytime for unplanned agency expenses. 

  • Interest rates as low as 9.49%*
  • Credit limit up to $100,000!
  • Borrow up to 50% of your Contract Value
  • Direct Deposit of your full Agent Net Check required

Learn more 

Apply Now

Application fee of $250 and closing fees.


 

Farmers Business Loan

Our multi-purpose loan offers agents exceptional value. This use-it-how-you-see-fit loan provides low-cost and flexible financing in one convenient package.

  • Interest rates as low as 12.49%*
  • Terms up to 84 months
  • Borrow up to $100,000
  • Direct Deposit of your full Agent Net Check required

Learn more

Apply Now

Application fee of $250 and closing fees.

Agency Staffing Loan

Make paying for new staff easier. The Agency Staffing Loan is a great way to get your new hire up and producing. And with competitive rates, you and your cash flow will like the affordable monthly payments. Staffing up for growth is within reach!

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Apply Now 

Application fee of $250 and closing fees. 

Commercial Real Estate (CRE) Loans

Stop putting money into your landlord’s pocket. Buy your office space with a Credit Union CRE Loan. Both fixed and variable rates are available (depending on your qualifications) on loans from $50,000 to $5,000,000.

  • Borrow up to 110% of your Contract Value as a down payment
  • Financing available for offices, office condos, retail/retail strip, apartment buildings 5-units+
  • Terms up to 15 years*
  • Amortization up to 30 years
  • No pre-payment penalties
  • Minimum 20% down payment required
  • Investment property financing available (rates and terms are subject to property type and leases)

Learn more 

CRE Inquiry Form 

*Owner Occupied Properties Only and Maximum 65% LTV
 

Agency Acquisition Loan

Thinking of buying an agency? We make the purchasing process simple. Borrow against your CV to expand your business.

  • Interest rates as low as 6.99% *
  • Terms up to 15 years 
  • Borrow against your Contract Value: 
    • Internal buyers borrow up to 110% of Contract Value 
    • External buyers borrow up to 60% of Contract Value 

If you need additional funds to close the deal, add a Farmers Business Loan.

  • Interest rates as low as 12.49%
  • Terms up to 84 months
  • Borrow up to $100,000
  • Direct Deposit of your full Agent Net Check required

Learn more

Apply Now 

Application fee of $250 and closing fees. 

Protégé Loans

Our Protégé Loan helps meet the needs of established Farmers agents and their protégé agents. Our affordable rates help keep loan payments low while supporting a protégé before they start producing. This loan is also an excellent way for new agents to seed and build a business while cash flow is tight.

Learn more

Apply Now 

Application fee of $250 and closing fees. 

Preferred Agent Mortgage (PAM)

Get preferential treatment when getting a home loan. Unlike banks, we know the agency business inside and out. Using your Folio and Statement of Operations, we can help you qualify for a larger loan and smaller down payment.  

  • Maximum Combined Loan-To-Value: 100%
  • FICO 620+
  • Fixed and adjustable rate options 

Learn more

Apply Now

*The interest rate shown is FIGFCU’s current interest rate, based on credit worthiness and minimum FICO Score. Other interest rates, fees, costs, and terms may be available and may change at any time, without notice, and are subject to credit approval. In order to qualify for this loan, agent must have their full Agent Net Check Direct Deposit going into their FIGFCU Checking Account (either High Yield or CashBack) and Automatic Payment/Folio Deduction for the entirety of the Loan.


This loan is subject to fees, costs, and approval.  The loan is subject to a non-refundable application fee. Approved loans will be charged UCC fees and closing costs. The amount of your closing cost will be dependent upon the amount of your loan. Please contact us to determine how much your particular closing costs will be. As long as the loan is outstanding all folio, commission, bonus, and other payments owed by Farmers Insurance Group of Companies must be remitted through a Credit Union checking account. For individuals who were members before January 1, 2025, please talk to us about possible alternatives to having your entire folio, etc., payments remitted through your Credit Union checking account. Borrower agrees that the application fees must be paid prior to the application being processed. Payment of Loan Application Fees is not a guarantee of credit approval. There are no prepayment fees. 

There is a $500 repricing/loan modification fee for Agency Loans.