3560.616—Rates and terms.
               		
               	 	
               	 	
               	 	               	 	               	 	               	 	               	 	
               	 	
    
        
        (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.