Justification

Justification - Form FSA-2026.docx

Farm Loan Programs - Direct Loan Making

Justification

OMB: 0560-0237

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OMB Control Number: 0560-0237.


Title of Clearance: Farm Loan Programs - Direct Loan Making.


Agency Form Number affected by Change Worksheet: FSA-2026


Other Changes: FSA Form FSA-2026 is used when making initial and subsequent direct loans and for reamortizing, consolidating and rescheduling such loans. The purpose of the form is to document and provide evidence of debt and to establish a repayment schedule. This is a legal instrument evidencing debt.


The signature text fields were reconfigured to provide adequate space to capture borrower/entity information under the signature lines. Field 25 was added so that FSA loan officials do not have to manually create a space to add the required language in deferred interest scenarios. The USDA service center collects the information from internal systems that contain the applicable information to complete the form. The applicant or borrower executes the form at closing.


There is no change to the burden hours since the previous information collection request.




File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
AuthorBall, MaryAnn - FSA, Washington, DC
File Modified0000-00-00
File Created2025-01-28

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