Introducing Low Loan Balance Pricing for MPF Traditional
The Federal Home Loan Bank of Chicago is offering Low Loan Balance pricing payups for the Mortgage Partnership Finance® (MPF®) Program’s Traditional products. Beginning on Monday, June 18, 2018, all Participating Financial Institutions (PFIs) with MPF Traditional master commitments (MPF Original, MPF 35, MPF 125, and MPF Government) can take advantage of the price payups for loans at or below $200,000. The additional pricing options will be available along with the existing pricing schedules on the eMPF® website, and will also be reflected in the product pricing engines (PPEs).
This pricing option provides your institution with access to expanded pricing on low balance loans, which can help attract new customers and result in increased profitability.
Expanded MPF Traditional Pricing Grids
For More Information
To learn more about how the new pricing schedules can benefit your mortgage best execution analysis, to request a list of the new sub-product codes, or for any other questions you may have regarding the Low Loan Balance pricing option, contact your Sales Director or Membership Coordinator at mpfsales@fhlbc.com.