May 2020

July 2, 2020

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Jessie Shiels

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TS Ag Finance closed a $715,000 loan with borrowers located in Washington. The borrowers chose the 10 year ARM interest rate product with a 30 year term and 30 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for 10 years with semi-annual payments. The borrowers pledged 342 acres split between irrigated farmland and pasture for cattle as collateral and used the funds for the refinance of agriculture real estate debt.