October 2018

October 8, 2018

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TS Ag Finance closed a $750,000 loan with borrowers located in California. The borrowers chose the three 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 three years with semi-annual payments. The borrowers pledged 51 acres of walnut producing farmland as collateral and used the funds to refinance farm real estate debt.