FSA guaranteed loan limit increases

The Farm Service Agency (FSA) lending limit for Guaranteed Loans will be increased to $1,214,000 effective Oct. 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 one percent to 1.5 percent of the guaranteed portion of the loan, for loans obligated after Oct. 1, 2011.
For more information contact the FSA office at 103 Rodgers Park Drive, 234-2646.