MPF Xtra Product: New Low Loan Balance Pricing
Effective Date: February 22, 2022
Effective February 22, 2022, MPF Program will offer Participating Financial Institutions (PFIs) a new “Fixed 30 Yr 250K Max Ln Amt” pricing option under the MPF Xtra® product for both Mandatory and Best Efforts Delivery Commitments (DCs). While the existing Fixed 30 Year and Fixed 15 Year pricing schedules will continue to be available, the additional pricing schedule may provide pricing advantages for loans below the loan amount of $250,000.00.
The additional pricing option will be available along with the existing pricing schedules on the eMPF® website, and will also be reflected in your Product Pricing Engines (PPEs).
Please note that the new pricing option will only be available for the MPF Xtra product.
If you have any questions regarding the new pricing option or the DC creation process, contact the MPF Service Center at (877) 345-2673.