TS Ag Finance closed a $413,000 loan with borrowers located in Iowa. The borrowers chose the 10 year fixed reset interest rate product with a 30 year term and 30 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for 10 years with semi-annual payments. The borrowers pledged 91 acres of corn and soybeans as collateral and used the funds for the purchase of agriculture real estate.