H.R. 7475 · 119th Congress
Expedited Guaranteed Lender Pilot Program Act
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This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans.
What it does: CRS summary · Introduced in House · Feb 10, 2026
Expedited Guaranteed Lender Pilot Program Act
This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans.
Under a new pilot program, USDA must streamline the application review process for borrowers seeking USDA guaranteed bridge loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant.
The pilot program expires on September 30, 2031.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Expedited Guaranteed Lender Pilot Program Act
Latest action (Mar 20, 2026): Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Policy area: Agriculture and Food · Origin: House · Introduced: Feb 10, 2026
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.