7 CFR §772.14

1. (a)There is no extension of the final maturity date of the loan;
2. (b)No intervening lien exists on the security for the loan which would jeopardize the Government's security position;
3. (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
4. (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.