Due to economic impacts caused by COVID-19 and prolonged stress in the Ag Economy, High Plains Farm Credit has developed the following one-time payment relief programs for qualifying customers. The programs are designed to give our stockholders options to retain working capital in these challenging times. This program is available for all payments due June 1, 2020 through May 1, 2021. Please review and select a relief program to enroll your loans through this secure online form. You may choose loan by loan to opt in now or at any time within the next 12 months. Your elections will apply to all future payments.
Enroll in High Plains Farm Credit Payment Relief Programs
Relief Option 1: Interest-Only Payments (Re-amortized)
Adjust any of your regularly scheduled payments on term and mortgage loans to interest-only payments over the aforementioned twelve month period. With this option, you elect to have the deferred principal from these payments re-amortized over your remaining loan payments. This option is available on a per loan basis and is offered without a fee.
Relief Option 2: Interest-Only Payments (Added to final loan payment)
Adjust any of your regularly scheduled payments on term and mortgage loans to interest-only payments over the aforementioned twelve month period. With this option, you elect to have the deferred principal from these payments added to your final loan payment. This option is available on a per loan basis and is offered without a fee.
Important Notes About the Relief Programs:
- Lines of credit and leases are not eligible for the aforementioned programs. Please contact your loan officer to find out if there are other ways we can help.
Please complete the following fields as accurately as possible to apply.
You may select a program for up to three loans below. Additional loans may be entered in the text box or you may submit another application. Your secure, online application will allow us to quickly determine whether your loan(s) qualify for the program and process the application.