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Processing Time for Farmers Home Administration's Operating Loans in Minnesota During Fiscal Year 1984

RCED-85-142 Published: Aug 26, 1985. Publicly Released: Aug 26, 1985.
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Highlights

In response to a congressional request, GAO reviewed the processing time for the Farmer's Home Administration's (FmHA) fiscal year 1984 operating loans in Minnesota to determine: (1) the criteria for timely loan processing; (2) the actual processing time and the reasons for the length of time between the various processing steps; (3) the effects of any delays on the farmers; and (4) alternatives available for improving the process.

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Agricultural programsEmergency loansFarm creditGovernment guaranteed loansMortgage programsProgram managementFarmingReal propertyLoan guaranteesLivestock