Loan Services

Agriculture is potentially more risky than almost any other business. Louisiana Land Bank understands those risks and offers a number of programs to help you manage them.

FLBA Mortgage Life and Disability Insurance

In the interests of your family's future, if anything happens to you, what happens to your farm or your family?

Coverage offered by Louisiana Land Bank serves your needs as a customer by:

  • Offering reduced rates for customers
  • Paying all or part of your mortgage debt in the event of your death
  • Helping pay your mortgage loan for up to 3 years if you become disabled
  • Empowering you with the decision of how much of your loan to insure
  • Offering a 40% reduction in rates for women, which makes it more affordable for husband and wife to get complete protection
  • Allowing you to select a payment schedule that best fits your cash flow

Funds-Held Account

As a Louisiana Land Bank customer, you're entitled to hold funds in a special interest-bearing account, in any amount up to the principal balance of your loan. The interest you earn is applied to the interest due on your next loan installment. You can use money in a Funds-Held Account for any purpose for which you ordinarily would take out a new loan, and you can use it to pay installments on your loan.