Conventional / Conforming Loans
With the MPF® Program, members can sell conventional and conforming loans through multiple investor channels, gaining access to consistent liquidity across all market conditions. These solutions remove market risk from your balance sheet, allowing you to redeploy funds and further serve your community.
Learn More About the MPF Conventional / Conforming Loan Products
Explore the MPF® Program's conventional / conforming loan products to find flexible solutions that support homeownership.
MPF Original
Funding mortgage loans under the MPF Original product allows your Federal Home Loan Bank (FHLBank) to manage the liquidity, interest rate, and prepayment risks of the loans while you manage the credit risk of the loans. MPF Original provides you additional income for sharing in the credit risk with your FHLBank. Should a loan loss occur, the credit risk sharing feature of MPF Original allocates those losses after borrower equity and private mortgage insurance are depleted through a loss structure designed to share the remaining loan loss between the FHLBank and you.
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MPF 125
Funding mortgage loans under the MPF 125 product allows your Federal Home Loan Bank (FHLBank) to manage the liquidity, interest rate, and prepayment risks of the loans while you manage the credit risk. MPF 125 establishes the FHLBank First Loss Account at the time of funding and provides you with additional income for sharing in the credit risk with your FHLBank. When a loss occurs, the credit risk sharing feature of MPF 125 allocates those losses after borrower equity and private mortgage insurance are depleted through a loss structure designed to share the remaining loan loss between the FHLBank and you.MPF 35
Funding mortgage loans under the MPF 35 product allows your Federal Home Loan Bank (FHLBank) to manage the liquidity, interest rate, and prepayment risks of the loans while you manage the credit risk. MPF 35 establishes the FHLBank First Loss Account at the time of funding and provides you additional income for sharing in the credit risk with your FHLBank. When a loss occurs, the credit risk sharing feature of MPF 35 allocates those losses after borrower equity and private mortgage insurance are depleted through a loss structure designed to share the remaining loan loss between the FHLBank and you.
MPF Xtra
With membership comes rewards. Sell us your fixed-rate, conforming loans and we will resell those loans through our partnership arrangement to Fannie Mae. This product does not include risk-sharing which means no collateral or risk-based capital requirements.Government Loans
The MPF Program provides liquidity for FHA, VA, and other government loan products, giving members more opportunities to fit borrowers into the products that are best for them.
Innovative Mortgage Solutions
MPF Program offers a variety of products that allow you to sell your conventional/conforming and government loans to your Federal Home Loan Bank (FHLBank). Explore the unique features of the MPF Products.
Liquidity
MPF liquidity solutions provide members with access to reliable, flexible funding options while maintaining customer relationships.
Credit Risk Sharing
The MPF Program’s credit risk sharing structures are designed to reward members for originating high performing loans. Members can choose from multiple products based on their risk tolerance, earning a revenue stream and being rewarded for strong loan performance.
Increasing Homeownership
MPF products are designed to make financing more accessible—whether through low down payment options, flexible loan programs, or competitive pricing structures that level the playing field for community lenders and their borrowers.
Growth & Scalability
We have multiple product options that are scalable to the size of your business and support your growth. Members can work with their FHLBank to determine the best solution based on their risk tolerance, while earning income when their loans perform well.
FAQs
Find answers to your most pressing questions about government loans here.
Explore More Resources
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MPF Guides
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Knowledge Articles
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MPF Program Updates
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