Get Fsa 2212

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.

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.

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.

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.

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.

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).

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 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.

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

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.