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Form Approved - OMB No. 0560-0155 Position 3 This form is available electronically. U.S. DEPARTMENT OF AGRICULTURE FSA-2212 Farm Service Agency (12-31-07) PREFERRED LENDER APPLICATION FOR GUARANTEE.

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Program Description. The Farm Service Agency (FSA) offers farm ownership loans, both direct and guaranteed, to family farmers and ranchers. These loans can help those who are temporarily unable to get private, commercial credit on their own at reasonable rates and terms.

Buy a new farm. Make an existing farm larger. Improve an existing farm. Cover the down payment or closing costs on a farm loan.

The applicant must make a cash down payment of at least 5 percent of the purchase price. The maximum loan amount does not exceed 45 percent of the least of: ... The term of the loan is 20 years. ... The remaining balance may be obtained from commercial lender or private party.

The Farm Service Agency (FSA) is an agency of the U.S. Department of Agriculture (USDA) that serves all farmers, ranchers and agricultural partners through the delivery of effective, efficient agricultural programs for all Americans.

The FSA guarantee permits lenders to make agricultural credit available to farmers who do not meet the lender's normal underwriting criteria. FSA Guaranteed loans are for both farm ownership and farm operating purposes. FSA guarantees loans up to $1,429,000 (amount adjusted annually based on inflation).

Farm Loans FSA loans can be used to purchase land, livestock, equipment, feed, seed, and supplies. Loans can also be used to construct buildings or make farm improvements.

Guaranteed loans are made and serviced by commercial lenders, such as banks, the Farm Credit System, or credit unions. FSA guarantees the lender's loan against loss, up to 95 percent. FSA has the responsibility of approving all eligible loan guarantees and providing oversight of the lender's activities.

Some FSA offices are open for in-person appointments, but you must call first to make an appointment. Many FSA offices are using Microsoft Teams software to virtually meet with producers to review maps and documents for certification.

The applicant must make a cash down payment of at least 5 percent of the purchase price. The maximum loan amount does not exceed 45 percent of the least of: ... The term of the loan is 20 years. ... The remaining balance may be obtained from commercial lender or private party.

The Farm Service Agency (FSA) through the Farm Loan Programs (FLP) provides direct and guaranteed loans to beginning farmers and ranchers who are unable to obtain financing from commercial credit sources. Farms that come into FSA ownership are sold at market value, with a preference to beginning farmers and ranchers.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232