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Farm Ownership Loan Guide - Coggle Diagram
Farm Ownership Loan Guide
Disclaimer:
This is an oversimplified diagram; details may be missing; use discretion and as a reference.
General Eligibility Requirements
All applicants must meet these baseline standards:
Must be of legal age and have the ability to sign a binding contract.
Must have an "acceptable" credit history. FSA does not use a minimum credit score; instead, they look for a history of paying bills on time.
After the loan closes, you must be the owner-operator or tenant-operator of a family farm (one where you and your family provide the majority of labor and management).
You must be able to show that you are unable to obtain sufficient credit from a commercial lender at reasonable rates without USDA assistance.
You cannot be delinquent on any federal debt or have certain drug-related convictions.
Must be a U.S. citizen, non-citizen national, or legal resident alien.
Eligibility Check
Some of the 3-year requirements may be substituted with a 4-year ag degree, 16 hours of ag-related post-secondary credit, or significant non-ag management experience.
You must have an acceptable credit history and be a U.S. citizen or legal resident alien.
You must have participated in the business operations of a farm for at least 3 out of the last 10 years.
Develop a Farm Business Plan
Small Business Development Centers (SBDC)
Rich Mostert
Director
Valley Community Small Business Development Center (SBDC)
richard.mostert@cloviscollege.edu
559-324-6413
AgPlan
Central Valley Women's Entrepreneur Center
Application Submission
4 more items...
Ana Alfaro
Director
Central Valley Women's Entrepreneur Center
559.278.0709
anaa@csufresno.edu
Juan Jose Rodriguez
Project Manager
559-278-4860
Smart Farm University Project
Plant Science Department
Jordan College of Agricultural Sciences and Technology