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LENDER’S GUARANTEED LOAN PAYMENT TO USDA
Transaction 4036
INSTRUCTIONS FOR PREPARATION
Purpose:
Used by lenders to transmit any funds due FSA when FSA has purchased a part or all of the guaranteed portion of the loan. 
Handbook Reference:
2-FLP
Number of Copies:
Original and two copies
Signatures Required:
Lender
Distribution of Copies:
Original to Finance Office; copy retained by lender; copy forwarded to Servicing Office by lender.
Automation-Related Transactions: Finance Office

Lenders must complete Items 1 through 8 (except Item 8B), Items 9 through 11, item 13 and Items 15 through 17. 

Fld Name /
Item No.
Instruction
1
FSA Account No.
Enter the FSA account number. Enter the state and county code and the borrower’s system generated FSA ID number. 
2
Lender’s ID No.
Enter the lender’s ID number. 
3
Loan No.
Enter the FSA assigned Loan Number. 
4
Branch No.
Enter the FSA assigned Branch Number. 
5
Borrower’s Name
Enter the Borrower’s Name.

6
Lender’s Name
Enter the Lender’s Name.

7
Receivable No.
Enter the applicable Receivable Number. (Assigned by Finance Office at time of purchase.) 
8A
Date Paid Through to FSA
Enter the date through which the accompanying payment pays accrued interest on FSA held portion of loan. 
8B
Date Principal Paid
Finance Office will enter date of principal.
9
Amount of Principal Payment
Enter FSA’s pro-rata share of funds received and applied to principal on the borrower’s loan (e.g. payments from the borrower or proceeds from rent, escrow balances, sale of collateral, etc.).
10
Amount of Interest Payment
Enter FSA’s pro-rata share of funds received and applied to the interest on the borrower’s loan (e.g. payments from the borrower or proceeds from rents, escrow balances, sale or collateral, etc).
11
Total Remittance
Enter the total of Items 9 and 10.
12
Date of Deposit
Finance Office will enter the date of deposit.
13
Payment Code
Enter the applicable payment code.

01 = is used when the loan payment is to be applied toward the regular balance of principal and/or interest.

02 = is used when the loan payment is to be applied toward the deferred principal and/or interest balance based on an approved agreement between FSA, the lender, and the borrower. 

14
Servicing Fee Code
Finance Office will enter the appropriate servicing fee code.

01 = Accrued Interest
02 = Servicing Fee
15
Authorized Lender’s Signature
Enter authorized Lender’s signature.
16
Title
Enter the title of the representative signing the document.
17
Date
Enter date of lender’s signature.