TS Ag Finance closed a $98,000 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 monthly payments. The borrowers pledged 11 acres of equestrian facilities, residential and grazing land as collateral and used the funds for the refinance of agriculture real estate debt.