About

Robert E. Larson founded Janus Mortgage in 1999. He brings more than 40 years of experience as an agricultural lender and farm operator to our company. With over 30 years of experience in the industry, he is an expert in all types of agricultural financing.

Education & Career

Mr. Larson graduated from Stanford University, receiving a BA in Economics and completing the Honors Program in Economics specializing in Agricultural Management. Upon graduation, he began his banking career at First Western Bank in Minot, North Dakota, where he worked with farmers in his community. 

Leadership

During the difficult times of the early 1980s, he helped many farmers and ranchers avoid bankruptcy by providing management consulting and financial reorganization strategies to his farmer clients. He negotiated settlements with ag banks, always working on behalf of the farmer rather than the bank.

Farming

Bob was raised on a family farm in North Dakota. He assumed farm ownership when his father retired and continued to expand the farm operations for twenty years. Over the years, he has owned and managed several farms, including 4,800 acres of irrigated corn and beans and a 25,000-head feedlot. His family continues to farm over 10000 acres of corn ground in Minnesota.

Our Staff

Mr. Larson has assembled a highly qualified and experienced team of loan processors who prepare loans for underwriting. These people all have a minimum of 20 years of experience in agricultural financing and farm lending. Our staff includes certified tax accountants and experienced loan underwriters who have worked for Farm Credit Services and other major ag banks. 

With his leadership, Janus Ag Finance is not only an outstanding lender, but also a valuable management resource for our clients. In many cases, we help farmers who may not currently qualify for bank rate financing by providing bridge loans to finance their immediate needs. In contrast, we provide the guidelines to move their credit from a B credit level to an A credit level, usually within a two-year period or less.

Our Approach

We take a personal, thoughtful, and long-term approach to lending. We aim to solve the immediate problem and achieve long-term financing at a competitive rate and term.

Understanding Your Goals

Whether you are an older person who is planning for retirement or conveyance of your land to your children or for a possible sale, or a young farmer seeking to expand who needs long-term management and financing, we structure the agricultural loan https://janusfarmloans.com/loan-products/ to meet your goals.

Understanding Your Operation

Janus Ag Finance believes that by understanding your operation’s challenges and successes, we can deliver agricultural financing solutions that address your operation as a whole. As a banker who has spent hundreds of hours running tractors, combines and caring for livestock, Bob understands what farming is all about, both at the day-to-day level of hard work and the management level of proper financial planning. We will offer you the best loan products to help you build your business.

Creating a Long Term Relationship

Our approach is built around a continuing relationship. We are constantly looking for the best ways to help our existing clients by monitoring interest rate trends and providing the best financial products. We have done loans in as little as a few days for borrowers with good credit and income for a few years when we must restructure the operation to achieve financial stability.

No Up-front Fees

We believe a borrower should only pay loan fees when they have obtained a loan. We pre-qualify our clients and only accept clients who demonstrate the ability and intelligence to manage a modern farm. We do not waste your time or ours seeking agricultural financing that is not realistic and achievable.

Our Lending Process

As a nationwide lender based in Denver, Janus Ag Finance combines the efficiency of centralized processing with information from local professionals. While our loan officers are based at our corporate office, we utilize local appraisers and title companies that are convenient to you and are knowledgeable about your area. Our general process is outlined below, or you can learn more about it here

Information Gathering (Discovery)

To properly evaluate your loan, we need to understand your current and historical financial position. Our analysis is in-depth and time-consuming. However, Janus Ag Finance does not charge a fee until your loan is closed.

We will request documents from you to begin creating your loan application. Below is an essential list, but we will email you a more specific request.

Required Documents:

  • Three years of personal federal income tax returns
  • Three years of federal tax returns for any corporate entity that will be a signer on the loan
  • Most recent year of tax returns for any other entity where you have a 10% or greater stake
  • Personal financial statement of debts and assets (Balance sheet)
  • Signed Authorization Form, which allows us to pull a credit report and work with your confidential information
  • Collateral legal description and or purchase contract

Application

Once we have received your documentation, we will begin to build your file. This requires rigorous analysis of your past, present, and future financial information. We will also ask you questions about your operation and property. This information is used in the Narrative portion of your application.

Once the file is prepared, you will receive the completed loan application for your review and signature. We are now ready to submit your file to underwriting.

Underwriting

Our underwriters are among the most highly regarded in the industry. When they present your loan to the committee, it is almost certain to receive approval pending title and appraisal review.

Appraisal

We will work with you to find a commercial farm appraiser in your area who has knowledge of the local market and your type of operation. A commercial appraiser determines a property’s value based on the property’s improvement, comparable sales in the area over the last year, and the income capacity of the property.

Title

We work with a local title company or your attorney, who will research the property, assist in easement work, issue title policy, and host the closing.

Rate Lock/Documents

Once the appraisal and title work are reviewed, your loan will receive final approval. We will “lock in” the interest rate for your loan. Closing documents are then drawn up and sent to your title company.

Close

You may schedule the closing with your local title office at your convenience. An escrow agent will thoroughly review the loan with you at this time. Your loan will be funded within 24 hours of receiving the signed documents.

  • We will work with you to gather the Required Documents
  • We perform a rigorous examination to help you complete your Application
  • Our highly regarded Underwriters will present your loan
  • A local commercial farm Appraiser will evaluate your property
  • We will ensure that you have a clear Title
  • After final approval, your Interest Rate will be locked
  • Your loan will fund within 24 hours of Close