7 CFR § 772.14 - Reamortization of AMP loans.

---
identifier: "/us/cfr/t7/s772.14"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 772.14 - Reamortization of AMP loans."
title_number: 7
title_name: "Agriculture"
section_number: "772.14"
section_name: "Reamortization of AMP loans."
chapter_name: "FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE"
subchapter_number: "D"
subchapter_name: "SPECIAL PROGRAMS"
part_number: "772"
part_name: "SERVICING MINOR PROGRAM LOANS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301, 7 U.S.C. 1989, and 25 U.S.C. 490."
regulatory_source: "68 FR 69949, Dec. 16, 2003, unless otherwise noted."
cfr_part: "772"
---


# 772.14 Reamortization of AMP loans.

The Agency may approve reamortization of AMP loans provided:

(a) There is no extension of the final maturity date of the loan;

(b) No intervening lien exists on the security for the loan which would jeopardize the Government's security position;

(c) If the account is delinquent, it cannot be brought current within one year and the borrower has presented a cash flow budget which demonstrates the ability to meet the proposed new payment schedule; and

(d) If the account is current, the borrower will be unable to meet the annual loan payments due to circumstances beyond the borrower's control.