TS Ag Finance closed a $688,000 loan with borrowers located in Minnesota. The borrowers chose the five year ARM interest rate product with a 25 year term and 25 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for five years with annual payments. The borrowers pledged 830 acres of recreation and crop farmland as collateral and used the funds to refinance farm real estate debt.