Important Program Timeframes - MPF Xtra Released to SLS

  • The loan must be sold to the MPF Provider no later than thirty (30) calendar days after Closing and with the first payment on the Serviced Loan due to SLS.

  • Request funds no less than seven (7) business days prior to price expiration date.

  • The loan must fund on or prior to the lock expiration date.

  • MPF will only purchase a closed loan. This means the loan must be closed and disbursed before you can request funding/purchase by MPF. You can close with your borrower and request funding with MPF the same day.