AD 956 National Finance Center Nfc Usda Form

Instructions and help about AD 956 National Finance Center Nfc Usda

So when NAC’s due diligence and underwriting is complete and the application package is complete. It is submitted to the USDA. So once that application is in the system, it is reviewed by the respective USDA state office in some cases it is also reviewed by the USDA National Office staff. So NAC really works directly with the USDA in answering any questions that they may have regarding the borrower's application. So when we launch this application, really NAC is, like I said, the front line of communication. We are expected to be able to answer 90 to 95% of all the initial questions that come through. So again, touching again on that story, we are retelling the client's story, the borrower’s story to the USDA. And that's why did the diligence process we do with our borrower is really meant to educate us to make sure that we are as fully informed on the history and the prospects of the company as we can. While we're working with the USDA, we keep working with our client(s) to start