TS Ag Finance closed a $2,000,000 loan with borrowers located in Texas. The borrowers chose the five 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 five years with semi-annual payments. The borrowers pledged 228 acres of nursery and palm tree farm as collateral and used the funds for refinancing exiting real estate debt.