Lenders are not required to directly price their loans on the SOFR or 5 year Treasury. *Note: If SOFR is less than 1.75%, lenders may add an additional 1% to each of the respective maximums above. Interest rates charged by guaranteed lenders at the time of closing or restructuring may not exceed the following:įor loans with rates variable or fixed for less than 5 years: The prior business day’s SOFR plus 6.75%.įor loans with rates fixed for 5 years or more: The prior business day’s 5 Year Treasury note rate plus 5.5%. USDA Launches Loan Assistance Tool to Enhance Equity and Customer Serviceįarm Service Agency Expands Set-Aside Loan Provision for Customers Impacted by COVID-19 Use the Loan Assistance Tool to check your eligibility for FSA Loans, discover FSA loan types, learn about FSA Loan requirements, and walk through the easy-to-understand instructions when completing the forms. The Farm Service Agency offers loans to help farmers and ranchers get the financing they need to start, expand or maintain a family farm.
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