• Economic reward for quality loans
  • Credit enhancement income, paid monthly
  • Activity stock dividend potential
  • No secondary market fees
  • No agency Loan Level Price Adjustments (LLPAs)
  • Same-day delivery and funding

What makes MPF Traditional unique?

Risk Sharing

With MPF Traditional (125 and Original), you have added security against loan losses. After borrower equity and private mortgage insurance, MPF Traditional offers an additional layer of loss protection called the First Loss Account (FLA), which is absorbed by FHLB Des Moines.

Shared Rewards

Credit Enhancement: Credit enhancement determines the amount of support that the loan needs to meet the target credit enhancement rating. Learn More.

Activity Stock Dividend Benefit: The value of the strong FHLB Des Moines dividend combined with the CE increases the overall revenue benefit. Learn More.

Compare Master Commitment Options

MPF® Original MPF® 125
FLA The monthly accrual rate of the FLA is 4 basis points (0.04%).
The FLA starts at zero and builds over time, calculated and accrued monthly, on the outstanding principal balance of the loans in a Master Commitment.		 The amount of the FLA is equal to 100 basis points (1.00%) of the funded amount of all the loans in a Master Commitment.
CE Income Not performance-based Performance-based

Still need help? Visit our Product Comparison Page to help determine which is a good fit for you.

Servicing Options

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