​MPF® Government Guaranteed Loans

Through MPF®, Participating Financial Institutions (PFIs) have the ability to originate and sell loans insured or guaranteed by government agencies (FHA, VA, HUD Section 184, and RHS Section 502). 

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Government Guaranteed Loans

​Features and Benefits

  • Whole loan execution, either single loans or pools
  • ​Receive funding the day after loan delivery
  • Servicing-retained or servicing-released options 
  • Electronic access through eMPF® 
  • Delivery Commitment: 5, 15, 30, 45, and 60 calendar days
  • Loan limits: Set by the applicable agency
  • Occupancy: Owner occupied one- to four-family units
  • Remittance: Scheduled/Scheduled, Actual/Actual, and Actual/Actual Single remittance
  • Term: Up to 30 years fully amortizing

​MPF Traditional Government

  • Actual/Actual remittance
  • Government agency letter of approval required to participate

MPF Goverment MBS 

  • Mortgage-backed securities market pricing
  • Scheduled/Scheduled remittance​
  • Government agency letter of approval required to participate

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​More Details

​​For more details about the MPF program, see our Products + Solutions Guide.

"Mortgage Partnership Finance," "MPF," "eMPF," and "MPF Xtra" are registered trademarks of the Federal Home Loan Bank of Chicago. The "MPF Mortgage Partnership Finance" logo is trademarked by the Federal Home Loan Bank of Chicago.