TS Ag Finance closed a $250,000 loan with borrowers located in California. The borrowers chose the 15 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 30 years with monthly payments. The borrowers pledged 65 acres of leased crop farmland as collateral and used the funds to refinance farm real estate debt and cash-out.