TS Ag Finance closed a $400,000 loan with borrowers located in Iowa. The borrowers chose the 25 year fixed interest rate product with a 25 year term and 25 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for 25 years with semi-annual payments. The borrowers pledged 158 acres of corn and soybeans, CRP and recreational use as collateral and used the funds for the purchase of agriculture real estate.