FSA Guaranteed Loan Limit Increases
The Farm Service Agency (FSA) lending limit for Guaranteed Loans will be increased to $1,214,000, effective October 1, 2011. The lending limit increases every year according to an inflation index. The maximum combined guaranteed and direct farm loan indebtedness will also be increased to $1,514,000.
As a reminder, the one-time loan origination fee charged on FSA guaranteed Farm Ownership and Operating loans will increase from 1 percent to 1.5 percent of the guaranteed portion of the loan, for loans obligated after October 1, 2011.
For more information about this, please contact your local FSA office.
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