5001-6 Justification for V3 changes

5001-6 Justification for V3 changes.docx

OneRD Guaranteed Loan Program

5001-6 Justification for V3 changes

OMB: 0572-0155

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Form RD 5001-6, Assignment Guarantee Agreement

Form and Instruction updates



The changes described below were made to clarify information requested and correct examples to ensure that the form is completed correctly.

FORM CHANGES:

  • Table heading changed from "Face Amount" to "Face Amount of Note" to provide more information on what is entered.

  • Table heading changed from "Percent of Total Loan Amount" to "Percent of Guarantee" to correct an error in terminology.

INSTRUCTION CHANGES:

  • Added "and Loan Identification Number" to Fld Name/Item No. to expand on the information required.

  • Added additional information in the "instruction" to provide additional direction to the user

  • Updated Face Amount of Note and Percent of Guarantee to match the form fields. Clarifying language added to Instruction section.

  • Updated Examples 2 and 3 to show correct calculations

File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
AuthorWoolard, Susan - RD, National Office
File Modified0000-00-00
File Created2023-08-07

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