TS Ag Finance closed a $330,000 loan with borrowers located in Iowa. The borrowers chose the 15 year fixed interest rate product with a 15 year term and 15 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for 15 years with semi-annual payments. The borrowers pledged 120 acres of corn and soybeans as collateral and used the funds for purchase of farmland real estate.