New MPF® Traditional Conventional Housing Impact Pricing Grids now available!
We are excited to announce new Mortgage Partnership Finance® (MPF®) Traditional conventional pricing to help support low and very low-income households. The enhanced pricing is designed to reach more borrowers in your communities.
- Improved pricing for loans with borrower income at or below 80% of Area Median Income (AMI)
- Applies to 30-year fixed conforming/conventional loans (including low loan balance)
- Pricing available through MPF Program approved Product & Pricing Engines (PPEs)
- May contribute to your institution’s Community Reinvestment Act (CRA) needs
The following new pricing grids are available on eMPF®:
| Subproduct Code | Subproduct Name |
|---|---|
| FX30HI | Fixed 30-Year Housing Impact |
| FX3085KHI | Fixed 30-Year 85K Max Loan Amount Housing Impact |
| FX30110KHI | Fixed 30-Year 110K Max Loan Amount Housing Impact |
| FX30125KHI | Fixed 30-Year 125K Max Loan Amount Housing Impact |
| FX30150KHI | Fixed 30-Year 150K Max Loan Amount Housing Impact |
| FX30175KHI | Fixed 30-Year 175K Max Loan Amount Housing Impact |
| FX30200KHI | Fixed 30-Year 200K Max Loan Amount Housing Impact |
| FX30225KHI | Fixed 30-Year 225K Max Loan Amount Housing Impact |
| FX30250KHI | Fixed 30-Year 250K Max Loan Amount Housing Impact |
| FX30275KHI | Fixed 30-Year 275K Max Loan Amount Housing Impact |
We believe these pricing enhancements will provide significant benefits to our member institutions and their borrowers. To determine eligibility, members may access the “FHFA 80 Percent AMI Amounts by County” resource available through the eMPF Home Page under the Quick Links section.
FHLBank Chicago members may contact their Sales Director or view our FAQs document below to help answer any questions they may have.