Farm Loans Get Paperwork Tune-Up: Comments Wanted by June
Published Date: 4/28/2026
Notice
Summary
The Farm Service Agency wants your thoughts on updating the paperwork farmers and ranchers fill out to get guaranteed loans. These loans help farmers borrow money from banks and other lenders with FSA backing. You’ve got until June 29, 2026, to share your ideas—this update aims to keep things smooth and easy without costing extra time or money.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Paperwork Burden Reduced
FSA reports the annual responses for the Guaranteed Farm Loan information collection are 97,897 and the estimated total annual burden is 125,311 hours. The agency says burden hours fell by 29,320 hours because guaranteed loans fell from 52,490 in FY 2022 to 35,984 in FY 2025.
Info Required To Get Loan Guarantee
To get and service FSA-guaranteed farm loans, participating lenders collect information required by regulations at 7 CFR part 762. The collection is needed so FSA can provide guarantees that help applicants who cannot obtain credit without a guarantee.
Comment Request And OMB Timeline
FSA is requesting public comments on revisions to this information collection through June 29, 2026. The OMB control number is 0560-0155 and the current expiration date listed is November 30, 2026.
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