TS Ag Finance closed a $1,625,000 loan with borrowers located in California. The borrowers chose the five year fixed reset interest rate product with a 15 year term and 15 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for five years with monthly payments. The borrowers pledged 76 acres of greenhouses and fixtures as collateral and used the funds for the refinance of agriculture real estate debt.