Skip to content
BOL Conferences

New Reply Thread Options
#1953370 - 08/15/14 01:14 PM Ag Lending
Anonymous
Unregistered

Purpose of loan is home improvement, crops used as collateral. Must this be classified as an AG loan or can it be considered a shattel loan?

Return to Top Reply Quote Quick Reply Quick Quote
#1953404 - 08/15/14 01:56 PM Re: Ag Lending Anonymous
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,765
Central City, NE
Classified where? On your system, you can classify any loan any way you want.

If the loan purpose is for home improvement, my opinion is it is NOT an AG loan.
_________________________
David Dickinson
http://www.bankerscompliance.com

Return to Top Reply Quote Quick Reply Quick Quote
Quick Reply:
HTML is disabled
UBBCode is enabled




Moderator:  MagicCity, P*Q, Truffle Royale