Finance
A Kentucky buyer is purchasing a farm using an FSA (Farm Service Agency) guaranteed loan. This is typically used for:
AUrban luxury condominiums
BAgricultural land and farm operations for eligible borrowers✓ Correct
CCommercial office buildings
DShort-term construction loans
Explanation
FSA loans are designed to help eligible farmers and ranchers purchase, expand, or improve farms and rural real estate through direct loans or loan guarantees for agricultural purposes.
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