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100% Financing, USDA Rural Housing Program

If you are looking to purchase a home but don't have the necessary down payment that a conventional loan may require, then a Rural Housing Section 502 loan may be the perfect option for you. Click here for more information on the USDA Rural Housing Program, then call one of our loan officers today to see if it's a good fit for you.


Farmers and Merchants State Bank
125 E James Street P.O. Box 137
Paynesville,MN 56362
(320)-243-3702
Fax (320)-243-4780


Notice of Expiration of the Temporary Full FDIC Insurance Coverage for Noninterest-Bearing Transaction Accounts

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