RD 1951-34 Direct Payment Change Plan

Form RD 1951-34
(Rev. 6-97)

FORM APPROVED
OMB NO. 0575-0172

UNITED STATES DEPARTMENT OF AGRICULTURE
RURAL DEVELOPMENT

DIRECT PAYMENT PLAN CHANGE
1. CASE NUMBER
ST
CO
BORROWER ID

0

2. BORROWER NAME

0

COMMUNITY PROGRAM LOANS – EXPANDED DIRECT PAYMENT SYSTEM (EDPS):
(Complete only when requesting additional payment coupons)
3. Type of Payment Packet
4. Type of Loan

1

6

5. Loan Number

6. Type of File (Closed loan enter 0, unclosed loan enter 1)

7. Type of Action

4
RURAL HOUSING LOANS (Complete for fund codes 36, 37, 46, and 47):
8. Type of Loan

1
9. Loan Number (Complete only when converting a specific loan to another payment plan and type of action equals 1 or 5)

10. Type Action 1 thru 5 (Only 1 action can be completed)
1 – Place Borrower on Direct Payment Plan (This action will generate payment coupons):
[
[
[
[

]
]
]
]

1 – Monthly payments to the address shown on the coupon
2 – Monthly payments to field office
3 – Annual payments to the address shown on the coupon
4 – Annual payments to field office

2 – Remove Borrower from Direct Payment Plan
3 – Reserved for future use
4 – Generate new payment packet
5 – Change Payment Plan (This action will generate payment coupons):
[
[
[
[

]
]
]
]

1 – Monthly payments to the address shown on the coupon
2 – Monthly payments to field office
3 – Annual payments to the address shown on the coupon
4 – Annual payments to field office

I (we) hereby acknowledge that I (we) agree to convert from annual payments to monthly payments.
BORROWER

CO-BORROWER

11. Payment due date (Complete only for converting annual to monthly or when correcting the due date and type of action
equals 4 or 5)
REMARKS:
PREPARED BY:

DATE:

According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it displays a valid OMB control number. The valid OMB control
number for this information collection is 0575-0172. The time required to complete this information collection is estimated to average 5 minutes per response, including the time for
reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.

Position 2

RD 1951-34 (Rev. 6-97)