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Form Approved OMB No. 05600155 (See Page 2 for Privacy Act and Public Burden Statements) U.S. DEPARTMENT OF AGRICULTURE Position 2 Farm Service Agency This form is available electronically. FSA2236.

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How to fill out the Fsa 2236 online

Filling out the Fsa 2236, also known as the Guaranteed Loan Closing Report, is an essential step in securing funding through the Farm Service Agency. This guide provides users with clear, step-by-step instructions to complete the form accurately and efficiently online.

Follow the steps to successfully complete the Fsa 2236 online.

  1. Click ‘Get Form’ button to obtain the form and open it in your editor. This will allow you to access the necessary fields for completion.
  2. Enter your FSA account number in the designated field, which is essential for identifying your records within the agency.
  3. Fill in the state code and county code relevant to your loan. Ensure accuracy in these entries, as they affect processing.
  4. Provide the lender identification number, status code, and type code, which helps categorize the lender's information.
  5. Complete the borrower name and address section. This identifies the individual or entity receiving the loan.
  6. Indicate the borrower type code, which categorizes the type of borrower you are representing.
  7. Fill in the certification effective date and certification expiration date to highlight the validity period of your loan terms.
  8. Enter the lender's name and address, ensuring all details are accurate for correspondence.
  9. Complete the servicing office section by providing the state and county code.
  10. List the source of funds used for the loan application, along with the guarantee fee purpose code.
  11. Input the fee rate, amount of guarantee fee paid, and the total loan or line of credit amount.
  12. Document the advance amount to date and the loan's maturity date to clarify the lending terms.
  13. Fill out the term of interest assistance years, the percentage of loan guaranteed, and record rates for guaranteed and non-guaranteed portions.
  14. Specify the type of guarantee and interest basis, selecting between 360 or 365 days.
  15. Indicate the annual review date and the balance owed on the loan, ensuring clarity on financial obligations.
  16. After completing all fields, check for any errors or omissions before submitting the form.
  17. Save changes, download, print, or share the completed form, as needed for your records or submission.

Complete your Fsa 2236 online today for a smooth loan process.

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BENEFITS OF GOVERNMENT GUARANTEED LOANS Lower interest rates than other loan types. Access to capital when you need it. Flexible repayment terms. Lower down payments than other kinds of loans.

There must be a minimum of 2 tradelines with a 12 month history to validate a credit score. Tradelines can be open, closed, and/or paid in full. Eligible tradelines can include but are not limited to: secured and unsecured loans, revolving accounts, installment loans, credit cards, collections, and charge off accounts.

Page 8. Your Guide to FSA Farm Loans. If you answered 'yes' to any of these questions, you may want to apply for a loan from the Farm Service Agency (FSA). FSA is an agency of the U.S. Department of Agriculture (USDA).

For most loans, FSA charges the lender a guarantee fee of 1.5 percent of the guaranteed portion of the loan. This fee may be passed on to the borrower.

These loans are backed by a third party, most often the government, who agrees to cover a part of the loan if the borrower defaults. While conventional loans usually require a 20 percent down payment, guaranteed loans require a much lower percentage, or no down payment at all.

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