| There are mortgage loans to fit all needs today. There | | | | services. Some offer Records in operation as well. |
| are FHA loans for first time home buyers, VA loans | | | | These banks are not the same as commercial banks |
| for veterans and Reverse Mortgages for seniors. | | | | because they fail to come from customer deposits, |
| There are also rural development mortgage loans | | | | which is the way commercial banks to finance loans. |
| through Farm Credit system for people living in rural | | | | There are a few banks in the Farm Credit System, |
| areas. | | | | including CoBank, based in Denver, Colorado, which |
| These loans are usually associated with farmers and | | | | serves Connecticut, Maine, Massachusetts, New |
| agricultural development, but also for people who live in | | | | Hampshire, New Jersey, New York, Vermont and |
| rural areas in the rule. Farm Credit System are | | | | Rhode Iceland, Farm Credit> Bank of Texas in |
| composed offour regional farm credit banks, a bank of | | | | Austin, Texas, and is short-term financing to New |
| cooperatives, and some associations. The regional rural | | | | Mexico, Northwest Louisiana and Texas and provides |
| banks offer mortgage and real estate loans to | | | | long-term financing to Alabama, Louisiana, Mississippi |
| ranchers, farmers, agricultural borrowers, rural | | | | and Texas; Agribank Farm Credit Bank in St. Paul, |
| homeowners, rural supply systems, to name a few. | | | | Minnesota, and served in Arkansas, Illinois, Iowa, Indiana, |
| They rise more than 90 billion U.S. dollars of money to | | | | Kentucky, Michigan, Minnesota, Missouri, Nebraska, |
| loan to borrowers through the sale of these bonds by | | | | North Dakota, Ohio, South Dakota, Tennessee, |
| the market. | | | | Wisconsin and Wyoming, and U.S. AgBank, based in |
| Regional Farm Credit Banks and other financial | | | | Wichita, Kansas, isArizona, California, Colorado, Hawaii, |
| services such as commercial loans, insurance crops | | | | eastern Idaho, Kansas, Nevada, Oklahoma, New |
| for farmers and other rural related insurance and | | | | Mexico and Utah. |