The USDA reminds farm loan borrowers who have pledged real estate as security for their Farm Service Agency (FSA) direct or guaranteed loans are responsible for maintaining loan collateral. Borrowers must obtain prior consent or approval from FSA or the guaranteed lender for any transaction that affects real estate security. Failure to meet or follow the requirements in the loan agreement, promissory note, and other security instruments could lead to non-monetary default which could jeopardize your current and future loans. It is critical that borrowers keep an open line of communication with their FSA loan staff or guaranteed lender when it comes to changes in their operation. If you have questions about farm loans you can contact the USDA service center for more information at 319-653-2138.