The characteristics of those obtaining farm ownership loans from the Farmers Home Administration did not change much after the loan program began to expand in 1962. FO borrowers, as before, were more likely to be tenants, to be younger, and to have smaller farm businesses and lower equities than farmers as a whole. Nevertheless, they were not those least likely to develop viable farms. FO loans mainly went to refinance debts or buy farms in the North and West. In the South loans went mainly for enlarging farms but refinancing debts was also important.