Farm Ownership Loans provide farmers and ranchers with the opportunity for up to 100 percent financing, serving as a crucial asset in facilitating the acquisition or expansion of family farms. These loans also support endeavors to enhance and broaden existing operations, boost agricultural output, and aid in land tenure to preserve farmland for subsequent generations. Administered and managed by local Farm Loan Officers and Farm Loan Managers, all FSA Direct Farm Ownership Loans offer a maximum loan amount of $600,000 ($300,150 for Beginning Farmer Down Payment). The funding for these loans is derived from Congressional appropriations within the USDA budget.