This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:37 GMT
(a) A lender certified under this section will receive expedited approval of loans that have a principal balance of $100,000 or less as of the date of closing the loan.(b) A lender is eligible to participate as a certified lender under the Authority's Agricultural Loan Guarantee program if it has maintained a Master Lender Agreement in place with Authority and has had no defaults under any loans guaranteed by the Authority under its Agricultural Loan Guarantee program.(c) A certified lender must complete and return an application for approval of each loan submitted under the Authority's certified lender program, on a form prescribed by the Department.(d) Lender and borrower(s) must meet and adhere to all requirements for an Agricultural Loan Guarantee as set out in Subchapters A and C of this chapter (relating to Financial Assistance Rules and the Agricultural Loan Guarantee Program).