TS Ag Finance closed a $2,975,000 loan with borrowers located in California. The borrowers chose the five year ARM interest rate product with a 25 year term and 25 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for five years with monthly payments. The borrowers pledged seven acres, an equestrian facility and residential property as collateral and used the funds for the purchase of the pledged property.