MPF Xtra® 3D

MPF Xtra 3D is a feature under the MPF Xtra product which provides down payment and closing cost assistance for creditworthy borrowers whose household income is at or below 80% of the HUD Area Median Income (AMI) household limits for purchase transactions. 

• Provide 3% Down Payment Assistance (DPA) based on the unpaid principal balance at time of loan purchase
• Reduce a borrower's mortgage payment through the elimination of mortgage insurance (MI)
• Reduce closing costs by eliminating Loan Level Price Adjustments (LLPAs)
• MPF Xtra can be combined with FHLB Des Moines, state and local down payment assistance programs. Contact the Mortgage Products Group for additional details
• DCs may be Mandatory or Best Efforts
• Servicing retained only

• All information related to the MPF Xtra 3D product is located under the Resources tab on the eMPF® Website. 

• An MPF Xtra 3D Master Commitment (MC) is required to obtain a Delivery Commitment (DC).

  • Pricing for MPF Xtra 3D is available on the eMPF® Website
    • The rates and pricing are found under the MPF Xtra product with the Actual/Actual remittance type selected
    • Select Fixed 30 Yr 3d (15 and 20-year terms are also available)

Interested in adding this feature to your MPF Xtra program? Complete this form below and we will follow-up with information and next steps to get started.