Farm Ownership Loans (Direct and Guaranteed)

Metadata Updated: November 10, 2020

"The Farm Service Agency (FSA) makes farm ownership loans to farmers and ranchers who are temporarily unable to obtain private, commercial credit at reasonable rates and terms. Farm ownership loans are used to purchase farmland, construct and repair buildings, and make farm improvements.

Both guaranteed and direct loans are available through this program. FSA guaranteed loans provide lenders (e.g., banks, Farm Credit System institutions, credit unions) with a guarantee of up to 95 percent of the loss of principal and interest on a loan. The maximum FSA guaranteed farm ownership loan is $1,302 ,000 (adjusted annually based on inflation). Your lender can tell you if a guarantee is the right loan for you.

Applicants who are unable to qualify for a guaranteed loan may be eligible for a direct loan from FSA. Direct loans are made and serviced by FSA officials using government funds. FSA provides direct loan customers with supervision and credit counseling so that they have a greater chance to be successful. The maximum direct farm ownership loan is $300,000."

Access & Use Information

Public: This dataset is intended for public access and use. License: Creative Commons CCZero

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Dates

Metadata Created Date November 10, 2020
Metadata Updated Date November 10, 2020

Metadata Source

Harvested from USDA JSON

Additional Metadata

Resource Type Dataset
Metadata Created Date November 10, 2020
Metadata Updated Date November 10, 2020
Publisher Farm Service Agency, Department of Agriculture
Unique Identifier Unknown
Maintainer
Identifier USDA-FSA-00004
Data Last Modified 2014-04-25
Public Access Level public
Bureau Code 005:49
Metadata Context https://project-open-data.cio.gov/v1.1/schema/catalog.jsonld
Schema Version https://project-open-data.cio.gov/v1.1/schema
Catalog Describedby https://project-open-data.cio.gov/v1.1/schema/catalog.json
Harvest Object Id 93ebdf2f-8c6a-4f0d-bad7-81e94a1d6fe8
Harvest Source Id d3fafa34-0cb9-48f1-ab1d-5b5fdc783806
Harvest Source Title USDA JSON
License https://creativecommons.org/publicdomain/zero/1.0/
Program Code 005:012
Source Datajson Identifier True
Source Hash 73519db8c7ee66751f1d51e6fbe956e6fb833534
Source Schema Version 1.1

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