10 YEARS FIXED, INTEREST ONLY.  Followed by adjustment to Prime + 1.5% with 15 year amortization

Interest only on the amount disbursed.

9.39% at 2 points

9.871% APR (Annual Percentage Rate)

Cashout OK on this loan.

The initial interest rate is fixed 10 years.  It then adjusts once to 1.5% over prime using the value of prime at that point in time.

No pre-payment penalty. Minimum loan $250,000.  Maximum loan-to-value 55% for cashout refinance.

This loan is for essentially rural/agricultural property with or without structures, where there is some current agricultural activity or use.  No maximum acreage limit.

APR calculated using $500,000 loan amount.