Farm Loan Programs - Direct Loan Making

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form FSA-2029- M Mortgage/Deed of Trust	Form	Unchanged	Available
Form FSA-2026 Promissory Note	Form	Unchanged	Available
Form FSA-2028 SECURITY AGREEMENT	Form	Unchanged	Available
Form FSA-2007 COSIGNER APPLICATION AND AGREEMENT	Form	Unchanged	Available
Form FSA-2313 NOTIFICATION OF LOAN APPROVAL AND BORROWER RESPONSIBILITIES	Form	Unchanged	Available
Form FSA-2314 Streamlined Request for Direct OL Assistance	Form	Unchanged	Available
Form FSA-2376 Borrower training course evaluation	Form	Unchanged	Available
Form FSA-2371 Agreement to complete training	Form	Unchanged	Available
Form FSA-2370 Request for waiver fo borrower training requirements	Form	Unchanged	Available
Form FSA-2361 Lender subordination agreement	Form	Unchanged	Available
Form FSA-2360 Report of lien search	Form	Unchanged	Available
Form FSA-2352 Final title opinion	Form	Unchanged	Available
Form FSA-2351 Certification fo improvement of property	Form	Unchanged	Available
Form FSA-2350 Loan closing instructions	Form	Unchanged	Available
Form FSA-2344 Preliminary title opinion	Form	Unchanged	Available
Form FSA-2342 Certification of attorney/title company	Form	Unchanged	Available
Form FSA-2341 Certification of attorney/title company	Form	Unchanged	Available
Form FSA-2340 Selection of attorney/title company	Form	Unchanged	Available
Form FSA-2320 Property insurance mortgage clause	Form	Unchanged	Available
Form FSA-2319 Agreement with prior lienholder	Form	Unchanged	Available
Form FSA-2318 Agreement for disposition of jointly-owned property	Form	Unchanged	Available
Form FSA-2313 Notification of loan approval and conditions	Form	Unchanged	Available
Form FSA-2310 Lender's verification of loan application	Form	Unchanged	Available
Form FSA-2309 Certification of disaster losses	Form	Unchanged	Available
Form FSA-2301 Request for Youth Loan	Form	Unchanged	Available
Form FSA-2044 Assignment of income	Form	Unchanged	Available
Form FSA-2043 Assignment of dairy proceeds	Form	Unchanged	Available
Form FSA-2042 Assignment of proceeds & consent to payment	Form	Unchanged	Available
Form FSA-2041 Assignment of Proceeds- consent to payment	Form	Unchanged	Available
Form FSA-2317 Consent and subordination	Form	Unchanged	Available
Form FSA-2027 Supplemental payment agreement	Form	Unchanged	Available
Form FSA-2014 Verification of Income	Form	Unchanged	Available
Form FSA-2015 Verification of debts and assets	Form	Unchanged	Available
Form FSA-2006 Property Owned and Leased	Form	Unchanged	Available
Form FSA-2005 Creditor List	Form	Unchanged	Available
Form FSA-2004 Authorization to release information	Form	Unchanged	Available
Form FSA-2003 Three-year Production History	Form	Unchanged	Repair queued
Form FSA-2002 Three-Year Financial History	Form	Unchanged	Available
Form FSA-2001 Request for loan making assistance.	Form	Unchanged	Available
Justification 0560-0237 - 2023 .docx	Justification for No Material/Nonsubstantive Change	Uploaded 2023-08-24	Available
0560-0237 2022 Supporting Statement 1 11 2023.docx	Supporting Statement A	Uploaded 2023-01-11	Available
Reporting and Recordkeeping Requirements 11 30 2022.xlsm	Supplementary Document	Uploaded 2022-12-01	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Mortgage/Deed of Trust
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Promissory Note
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	SECURITY AGREEMENT
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	COSIGNER APPLICATION AND AGREEMENT
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	NOTIFICATION OF LOAN APPROVAL AND BORROWER RESPONSIBILITIES
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Streamlined Request for Direct OL Assistance
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Borrower training course evaluation
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Agreement to complete training
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Request for waiver fo borrower training requirements
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Lender subordination agreement
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Report of lien search
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Final title opinion
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Certification fo improvement of property
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Loan closing instructions
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Preliminary title opinion
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Certification of attorney/title company
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Certification of attorney/title company
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Selection of attorney/title company
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Property insurance mortgage clause
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Agreement with prior lienholder
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Agreement for disposition of jointly-owned property
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Notification of loan approval and conditions
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Lender's verification of loan application
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Certification of disaster losses
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Request for Youth Loan
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Assignment of income
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Assignment of dairy proceeds
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Assignment of proceeds & consent to payment
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Assignment of Proceeds- consent to payment
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Consent and subordination
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Supplemental payment agreement
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Verification of Income
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Verification of debts and assets
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Property Owned and Leased
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Creditor List
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Authorization to release information
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Three-year Production History
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Three-Year Financial History
1567	Farm Loan Programs - Direct Loan Making	Instruction	Unchanged
1567	Farm Loan Programs - Direct Loan Making	Form	Unchanged	Request for loan making assistance.

ICR Details

OMB Control No: 0560-0237	ICR Reference No: 202308-0560-002
Status: Historical Active	Previous ICR Reference No: 202212-0560-001
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Farm Loan Programs - Direct Loan Making
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/28/2023
Retrieve Notice of Action (NOA)	Date Received in OIRA: 08/28/2023
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2026	01/31/2026	01/31/2026
Responses	611,359	0	611,359
Time Burden (Hours)	295,850	0	295,850
Cost Burden (Dollars)	0	0	0

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Abstract: Information is used to determine applicant's eligibility for a direct loan; ensure cash flow projections are based on actual production history; ensure that loan is adequately secured; and obtain assignments on income or sales proceeds to ensure timely repayment of the loan.

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Authorizing Statute(s): US Code: 7 USC 1921 Name of Law: CONACT
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 57453	09/20/2022
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 75216	12/08/2022
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Farm Loan Programs - Direct Loan Making	FSA-2318, FSA-2301, FSA-2313, FSA-2350, FSA-2351, FSA-2313 , FSA-2314 , FSA-2360, FSA-2361, FSA-2342, FSA-2319, FSA-2317, FSA-2344, FSA-2352, FSA-2003, FSA-2027, FSA-2371, FSA-2376, FSA-2002, FSA-2004, FSA-2005, FSA-2006, FSA-2007 , FSA-2026, FSA-2028 , FSA-2041, FSA-2042, FSA-2370, FSA-2309, FSA-2340, FSA-2310, FSA-2341, FSA-2029- M, FSA-2044, FSA-2001, FSA-2043, FSA-2014, FSA-2015, FSA-2320	Request for loan making assistance. ,   Three-Year Financial History ,   Three-year Production History ,   Authorization to release information ,   Creditor List ,   Property Owned and Leased ,   Verification of debts and assets ,   Verification of Income ,   Supplemental payment agreement ,   Consent and subordination ,   Assignment of Proceeds- consent to payment ,   Assignment of proceeds & consent to payment ,   Assignment of dairy proceeds ,   Assignment of income ,   Request for Youth Loan ,   Certification of disaster losses ,   Lender's verification of loan application ,   Notification of loan approval and conditions ,   Agreement for disposition of jointly-owned property ,   Agreement with prior lienholder ,   Property insurance mortgage clause ,   Selection of attorney/title company ,   Certification of attorney/title company ,   Certification of attorney/title company ,   Preliminary title opinion ,   Loan closing instructions ,   Certification fo improvement of property ,   Final title opinion ,   Report of lien search ,   Lender subordination agreement ,   Request for waiver fo borrower training requirements ,   Agreement to complete training ,   Borrower training course evaluation ,   Streamlined Request for Direct OL Assistance ,   NOTIFICATION OF LOAN APPROVAL AND BORROWER RESPONSIBILITIES ,   COSIGNER APPLICATION AND AGREEMENT ,   SECURITY AGREEMENT ,   Promissory Note ,   Mortgage/Deed of Trust

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ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	611,359	611,359	0	0	0	0
Annual Time Burden (Hours)	295,850	295,850	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: FSA is conducting this revision due to Executive Order 14058 issued by the White House, that tasked the Secretary of Agriculture with simplifying the direct loan application process. In doing so, this collection was also affected. The numbers of responses decreased by 93,365 while the burden hours increased by 10,578 due to the forms FSA-2001, FSA-2002, FSA-2003, FSA-2004, FSA-2005, FSA-2006, FSA-2037, FSA-2038, FSA-2302, and FSA-2330 that have been consolidated into a single form for the purposes of direct loan making and that consolidation is reflected in this collection. The revised FSA-2001 will be used for direct loan making to replace the use of the other listed forms; other Farm Loan Programs uses, for example loan servicing will still use the original forms in some cases. Also, the number of respondents decreased by 10,474 in this collection.

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Annual Cost to Federal Government: $23,482,299

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Yes

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 08/28/2023

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