As of mid-2025, the U.S. housing market presents a complex landscape for prospective homebuyers. Mortgage rates have seen fluctuations, with the 30-year fixed-rate mortgage averaging around 6.96% as of June 11, 2025.* While this is a slight decrease from earlier peaks, rates remain elevated compared to the historically low rates experienced during the pandemic years.
Home prices continue to rise, albeit at a slower pace. A Reuters poll projects that U.S. home prices will increase by approximately 3.5% annually through 2027, marking the slowest growth rate since 2011.** Despite a record $700 billion in home listings and inventory levels at a five-year high, buyer engagement remains subdued, with nearly 44% of listed homes sitting on the market for over 60 days.†
These conditions underscore the importance of having a mortgage solution tailored to your unique financial situation, especially for professionals like Farmers Insurance Agents. That’s where our Preferred Agent Mortgage (PAM) comes in.
A home loan made just for Farmers Agents.
Unlike traditional home loans, the Preferred Agent Mortgage was designed specifically with Farmers Agents in mind. Unlike banks, we understand the unique income structure, commission-based earnings, and entrepreneurial mindset of agency owners. This loan program takes those factors into account, offering underwriting flexibility that most financial institutions can’t match to help you qualify for a larger home loan with a smaller down payment and competitive rates.
Where other lenders might struggle to understand fluctuating income or require burdensome documentation, our mortgage lending team already knows the ins and outs of your compensation model. That means faster approvals, less back-and-forth, and a more personalized, agent-friendly experience.
Exclusive perks that work for you.
What sets the Preferred Agent Mortgage apart? It’s not just the understanding of your career — it’s the exclusive benefits available only to Farmers Agents:
- Greater opportunity: We offer a maximum combined Loan-to-Value of up to 100%, enabling you to borrow more funds.
- Easier to qualify: We can use your Folio and Statement of Operations to help you qualify for a home loan.
- Lower score requirement: You don’t need excellent credit to apply. We welcome applicants with a FICO Score of 620+.
- Flexible loan options: Choose from fixed- and adjustable-rate mortgages that fit your long-term plans – whether you’re buying your first home, upgrading, or refinancing.
Partnering with a credit union that gets it.
FIGFCU isn’t just another lender – we’re your credit union, built to serve Farmers Agents, employees, and their families. When you choose the Preferred Agent Mortgage, you’re not just securing financing, you’re partnering with a lender that shares your values and has supported Farmers professionals for nearly 90 years.
Final thoughts.
To learn more about our Preferred Agent Mortgage, please fill out our home loan inquiry form, and a licensed Loan Officer will contact you. Or call 800.877.2345. Your dream home is closer than you think – and with the Preferred Agent Mortgage, getting a dream loan has never been easier.
Farmers Insurance Federal Credit Union: NMLS# 408877.
*Karl, Sabrina, “30-year mortgage rates drop for a second day,” Investopedia.com. Published 11 June 2025. Accessed 11 June 2025.
**, † Adams, Max, “There’s a record $700 billion of homes for sale in the US. Here’s why the market is still frozen.” Businessinsider.com. Published 9 June 2025. Accessed 11 June 2025.