This section explores the FSA Farm Ownership loan criteria below. These are relatively easy to apply to an entity applicant. Each owner of the entity must meet these criteria.
Criterion #1: All applicants must be a US citizen, a US non-citizen national, or a qualified “Alien”
Criterion #2: No Convictions for Controlled Substances
Criterion #3: Possess Legal Capacity
Criterion #4: Acceptable Credit History
Criterion #5: Unable to Get Financing on the Commercial Market
Criterion #6: No Delinquent Status on Federal Debt (unless IRS debt)
Criterion #7: No Outstanding Unpaid Judgements Obtained by the US in any Court
Criterion #8: No Federal Crop Insurance Violations
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