How to Read the MPF Price Sheet - Mandatory Pricing

  • Loan Level Price Adjustments (LLPAs) do not apply to the MPF Traditional product.

Pricing Example

MPF Price                                      1.922
SRP                                                   .680
Total Price                                     2.602

  • Note rates are quoted in 1/8’s
  • MPF Traditional pricing is mandatory delivery
  • An agent represents a premium or discount payable on a loan funding
  • High balance pricing is available within the eMPF website
    A high balance loan is a loan in an area of the country having a high cost of housing (Boston, New York, California, Washington, D.C., etc.)
  • Loans are priced in 15, 20 and 30 year fixed rate terms
    • Odd amortization terms are allowed
    • 120 – 180 month term priced at a 15-year term
    • 181 – 240 month term priced at a 20-year term
    • 241 – 360 month term priced at a 30-year term
  • The posted pricing is available within the eMPF website
  • Lock terms are available for periods of 5, 15, 30, 45 and 60 calendar days
  • Loan funding requests may be made up to 3:30 PM CST on the day of the price expiration