Careers in Agricultural Business and Management

Farm Loan Officer

Job Description

A farm loan officer may work in a rural bank, Farmers' Home Administration, Federal Land Bank, or some other lending agency which meets the financial requirements of farmers. Duties include appraising farm property, checking farm credit, gathering information on farm sales and profits, preparing reports for the lending agency's farm loan committee, arranging for farm loans, answering customer questions, giving financial advice and helping farmers budget their incomes so they can repay loans.

Skills

• A farm loan officer should enjoy working with people and be interested in farm business management

Preparation

College degree in agricultural economics, general agriculture or some other field of agriculture and training in banking, finance, economics and business law.