Agriculture loans should be made solely on the value of the real estate for a farm, and are typically for seasonal needs for planting that are repaid at harvest time.

Question

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While the value of the real estate is taken into account, agriculture loans are not solely based on it. The loan also takes into consideration factors such as the type of crop, farming equipment needed, the farmer's credit history, and other operational costs. Repayment terms can vary, and may not necessarily be tied to harvest time.

Agriculture Loans Should Be Made Solely on the Value of the Real