Summary
Anti-Predatory
Lending Policy
Credit Services
Advance Programs
Letters of Credit
Off-Balance Sheet
Borrowing Capacity
Collateral Policy
Subprime and Nontraditional Mortgage Lending
Mortgage Purchase Program
Analytical
Correspondent Services
Advance Programs

FHLBank offers a wide variety of advance programs:

Adjustable Rate Treasury Advance - a source of intermediate or long-term financing indexed to the one-year Treasury Bill rate.

Balloon Payment Advance - an intermediate term fixed rate advance with amortization schedules of 15, 20 or 30 years.

Callable Fixed Rate Advance - a long-term fixed rate program allowing the borrower to call the advance from FHLBank on pre-determined dates.

Cash Management Advance (CMA) - a source of overnight liquidity to address day-to-day cash needs.

Constant Monthly Payment (CMP) Advance - an intermediate fixed rate advance that fully amortizes by the final maturity date.

London Interbank Offered Rate (LIBOR) Advance - an advance that serves as a source of liquidity and is priced according to prevailing rates on 1 and 3 month LIBOR.

One Year Variable - alternative source of liquidity with a user-designated maturity.

Prime Rate Based Advance - an adjustable rate advance indexed to the Prime Rate of interest.

Putable Fixed Rate (PFR) Advance - a fixed rate advance with the sale of one or more put options by the member to the FHLBank.

Regular Fixed Rate Advance - fixed rate liabilities available in numerous maturities.

Regular Mortgage Matched Advance (MMA) - a long-term fixed rate advance that amortizes like a mortgage (level monthly payments).

REPO Advance - a source of liquidity with easy access and competitive market rates.

Select Payment Mortgage Matched Advance (SPMMA) - borrower specifies the prepayment percentage to be paid annually prior to borrowing.

Short-Term Fixed Rate Advance - provides members with an alternative to deposit markets for short-term funding needs.

 

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