Why is it that many loan companies wont provide home equity loans on property that are used for agriculture?

One that comes to mind is quicken loans. Any information would be appriciated, thanks. The thing is, my home is included in my land that I use for cattle grazing. A: This is an easy one, I've run into this too. Federal foreclosure laws are WAY different for residential than for agricultural land. If you default on a residential loan, and they foreclose, the redemption period is 3 months, then they can take the house and evict you. For agricultural properties the redemption period is a year. So you can stop making your payments this month, and basically get to live in it totally free from now until January, 2009. That's why they won't loan on it, a lot of people have taken advantage of that loophole. It's because the farm properties are considered income producing, so they can't take away your livelihood.. 10 points, please!  more