TS Ag Finance closed a $375,000 loan with borrowers located in California. The borrowers chose the 30 year fixed interest rate product with a 30 year term and 30 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for 30 years with semi-annual payments. The borrowers pledged 39 acres of organic figs as collateral and used the funds for refinancing exiting real estate debt.