7 CFR § 3560.616Chapter XXXV
Rates and terms
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) The interest rate for on-farm labor housing loans will be 1 percent.
(b) The term of the on-farm labor housing loan will not exceed 33 years.
(c) Loan amortization for on-farm labor housing may be on a monthly or an annual basis.
eCFR data current as of: November 6, 2026
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.