MetLife Reaches Record $5Bln of Global Ag Mortgage Production

©Debra L Ferguson Stock Photography

In today’s world, borrowing of loan is one of the most common financial processes which takes places among institutions and the people who need money.  While most people are smart and take the help of iva companies to come in an agreement which the allows them to slowly pay back the loan which was borrowed, not all are that lucky.

In order for us to better understand the topic at hand, lets break down what a va mortgage loans company does. In simple terms, a mortgage loan is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. When it comes to mortgage lenders in Kansas City there is a clear choice. Metropolitan Mortgage is locally owned and operated. Our employees value honesty, integrity, and service. We have been helping customers in Kansas and Missouri finance the home of their dreams since 1996. Metropolitan Mortgage is a multi-year Five Star Award winner. Award winners represent fewer than 5 percent of Mortgage Professionals in the Kansas City area. We can help you take the stress out of buying a home. With what to ask your lender – tips from Metropolitan Mortgage, our professionals will provide the information you need. Mortgage lending is big business in the US. In New Jersey there are numerous companies offering mortgage services including Go, Lending Tree, 4Low rates, Abacus Mortgage, All Options, America’s Lending partners, Ameriquest Mortgage, Champion Mortgage, Circle lending, Countrywide loans, E-loan, Fast Find, Featured Bank, Greenpoint Mortgage, GuidetoLenders, Home123, Household Finance Corporation, ING Direct, Loan Web, Loan Atlas, Loanapp, Low cost Lending, Low rate Source, Money Nest, Money Search, Mortgage Health, National mortgage Network, Princeton Mortgage, Reliable resources inc.,, Savings path, Service Magic lending, The Loan page, Windsor Financial Mortgage corporation, Shearson Mortgage,1st Metropolitan Mortgage and American Real Mortgage Corporation. Mortgage companies have different rules and operating rates. The borrowers will do well to consult an experienced financial advisor to find the best deal. A local reverse mortgage lender in Grants Pass, also known as ‘equity release’ is a financial process that allows seniors to convert the equity in their homes into cash. The main reason to do this would be because monthly retirement income is not sufficient to survive. To qualify you need to be a homeowner; be over 62 years of age own your home outright – or have a low mortgage; you must live in that home; and the property must meet minimum property standards. The money can be used for whatever you like – home renovations, vacation, pay medical expenses, new vehicle, paying off debts, or simply, to supplement income. The Maine va loan is not taxable as it is considered to be a loan advance, not income, and no repayments are required whilst residing in the home, therefore an income stream is not required. The equity can be paid in three different ways: a lump sum; monthly for a fixed term; or as a line of credit. The loan can be restructured during the course of the loan. The loan is usually structured so that it is collected, including accrued interest and other charges when the house is sold or after death. It differs from a second mortgage or a home equity line of credit – as no income is required – because no repayments are required. You therefore cannot be foreclosed or forced to leave your home because you missed a payment.

With that having been established, we should get on to the facts. MetLife Investment Management (MIM), MetLife, Inc.’s institutional asset management business, announced today that it originated $5.0 billion in global agricultural loans in 2018, a 72.4% increase over the prior year, and a record amount for MIM. This strong production propelled MIM’s total agricultural mortgage loan assets under management to $17.9 billion, another record for MIM, further solidifying the firm as the largest non-government sponsored, agricultural mortgage lender in the United States.

“Despite low commodity prices and ongoing trade uncertainty, our agricultural finance group achieved record growth in 2018,” said Robert Merck, senior managing director and global head of real estate and agriculture at MetLife Investment Management. “During the year, we continued to support our domestic producer clients, and we made significant progress in expanding internationally, most notably into Uruguay and Mexico.”

During 2018, MIM also expanded its agricultural lending platform to include a Forest Products platform, focusing on lending to fiber processing facilities and other commercial timberland downstream borrowers. This initiative allows MIM to provide loans across the full spectrum of the forestry supply chain, from production to processing.

Barry Bogseth, managing director and head of MIM’s agricultural finance group, added: “In 2018, we continued to cement our role as a steady source of capital for the agricultural sector. We look forward to further serving our agriculture clients with customized financing solutions that meet their needs, just as we have for over 100 years.”

Highlights of MIM’s agricultural lending transactions for 2018 include:

Every Bear Investment, LLC

  • $228 million senior secured fixed-rate financing for 10 years
  • Borrower is a subsidiary of iStar, Inc., a REIT focused on investments in commercial real estate
  • Secured by seven cold storage warehouses located in seven states, totaling 1.24 million square feet

BTG Pactual Timberland Investments Group

  • $125 million revolving line-of-credit facility
  • Secured by approximately 165,000 acres of timberland located in eight states
  • Collateral is dispersed across all primary timber producing regions in the United States and contains many different commercial hardwood and softwood timber species

FirstFruits HoldCo, LLC

  • $85 million variable rate term loan financed for 20 years
  • Secured by 12,643 acres of orchards and farmland in Washington state
  • Collateral includes orchards and processing facilities in the leading apple growing region in the United States

El Maximo Ranch Holdings, LLC

  • $75 million variable rate term loan financed for 15 years
  • Secured by 38,458 acres in Florida
  • Farming operation on collateral will include row crops and vegetable production, along with cattle ranching

MetLife Investment Management oversees an agricultural portfolio consisting primarily of mortgages for farms, ranches, food production, agribusiness, and timberland. The firm has provided agricultural financing solutions since 1917 and is the largest non-government sponsored, agricultural mortgage lender in the United States. MIM’s agricultural finance group has a lending presence in most major agricultural production areas throughout the United States and South America.

The Latest

Send press releases to

View All Events

Send press releases to

View All Events