Low-Documentation Operating loan [Agriculture] Law and Legal Definition
According to 7 CFR 761.2 [Title 7 – Agriculture, Subtitle B - Regulations of the Department of Agriculture, Chapter VII - Farm Service Agency, Department of Agriculture, Subchapter D - Special Programs, Part 761 - General Program Administration, Subpart A - General Provisions], Low-Documentation Operating loan is “an OL loan made to eligible applicants based on reduced documentation.”
Legal Definition list
Related Legal Terms
- 30-Year Contract [Agriculture]
- Abandoned Security Property [Agriculture]
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Loan [HUD]
- Acquisition, Development and Construction (ADC) Loan
- Actual Yield [Agriculture]
- Adjustable Rate Mortgage Loan
- Adjusted Yield [Agriculture]
- Administrative and Operating [A&O] Subsidy
- Administrative Cost of Issuing a Loan Guarantee