Expedited Guaranteed Lender Pilot Program Act
Introduced Feb 10, 2026 by Rep. Austin Scott
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
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.
Summary by the Congressional Research Service.
No floor votes yet — it hasn't reached the floor of either chamber.