Jennifer Cowles

Mortgage Partnership Finance® (MPF®) Program

Through this program, FHLBank Boston provides access to highly competitive secondary market offerings for both conventional and government guaranteed mortgages. 

Program Benefits

We partner with Federal Home Loan Bank of Chicago to provide flexible secondary market solutions to help your institution increase profitability – no matter the size of your organization. By selling mortgage loans to us, you can increase balance sheet liquidity and minimize the risks associated with holding fixed-rate mortgages in portfolio. The interest rate and prepayment risks are transferred to FHLBank Boston. 

What We Offer:

Conventional

We offer products that allow you to sell your eligible secondary market conforming loans to us. 

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Government

You can sell fixed-rate mortgage loans that are insured or guaranteed by government agencies to FHLBank Boston. 

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Quickly find the MPF form or application you need here:

​Find an application to join the program or other forms you need here:

Permanent Rate Buydown

This product enables members to originate 30-year mortgages at interest rates up to 2% lower than the market rate to homebuyers earning up to 80% area median income. Members can then sell those loans to the MPF Program to receive a premium reflecting a market-rate loan. 

Learn More About This Product:

Recorded Training

View this recorded webinar which explains the product's key benefits and provides instructions on how to use it. 

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FAQs

Review details about the product's underwriting requirements through these Frequently Asked Questions.

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Permanent Rate Buydown Product Benefits

Partnering with us allows you to grow your mortgage business while strengthening the communities you service. Hear from a member about how the Permanent Rate Buydown product enables lower-income borrowers to access mortgage interest rates up to 2% below market.

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MPF® Connect

MPF Program participants can manage user credentials online. We’ve put together frequently asked questions to help you navigate through the process of managing delegations of authority online.

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MPF Guides

The MPF Guides outline program and product specific requirements that members must follow in order to participate in MPF.

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MPF University

​Participants in MPF have access to free on-demand educational resources about mortgage origination, servicing, compliance, and more.

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eMPF® Tutorials

See how members who participate in MPF use  convenient electronic transaction processing through eMPF. Comprehensive user guides and training resources for eMPF are provided to help securely conduct mortgage loan sales activities.

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