TS Ag Finance closed a $1,680,000 loan with borrowers located in California. The borrowers chose the five year ARM interest rate product with a 30 year term and 30 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for five years with monthly payments. The borrowers pledged 80 acres of limes and avocados as collateral and used the funds for purchase of farmland real estate.