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Configure an Advance

Helping Our Members Solve Their Challenges

Our products can help solve your challenges. Select a challenge to learn how.

    • Floating Rate Advance

      Floating rate advances are a great way to obtain low-cost, market-rate funds and manage liquidity.

      Floating Rate Advance Configuration

      Protect against rising interest rates by putting a cap on your advances.

      Reduce cost of the advance by putting in a floor, limiting how low the rate on the advance could fall.

      Reduce interest-rate risk with an amortizing advance that can be created to mimic the structure of your loan portfolio.

      Forward Starting advances allow you to lock in a funding spread in today's market environment.


    • Floating-to-Fixed Advance

      Floating-to-Fixed advances allow members to manage interest-rate risk while still taking advantage of today’s low rates

      Floating-to-Fixed Configuration

      Reduce interest-rate risk with an amortizing advance that can be created to mimic the structure of your loan portfolio.

      A callable advance allows the borrower to prepay on specified dates with no penalty.

      Forward Starting advances allow you to lock in a funding spread in today's market environment.


    • Forward Starting Advance

      Forward Starting advances let members lock in an interest rate now, while delaying funding, and payment, on the advance to a specific date in the future.

      Forward Starting Advance Configuration

      Reduce interest-rate risk with an amortizing advance that can be created to mimic the structure of your loan portfolio.


    • Fixed Rate Credit Advance

      Fixed Rate Credit advance provides fixed-rate, fixed-term funding, helping members to mitigate interest-rate risk, manage their balance sheet, or meet short-term needs.

      Fixed Rate Credit advances help members manage funding needs and mitigate interest-rate risk over a specific period of time ranging from two weeks to 20 years.  The advance is structured as a bullet, with fixed interest payments over the life and principal due at the end.  Additionally, the advance can be customized with caps, floors, amortization, and a forward starting feature.

    • Principal Reducing Credit

      Principal Reducing Credit advances allow members to fund loans (or pools of loans) as well as investments with period repayment of principal.

      Principal Reducing Credit Configuration

      A callable advance allows the borrower to prepay on specified dates with no penalty.

      Forward Starting advances allow you to lock in a funding spread in today's market environment.


    • Daily Rate Credit

      The Daily Rate Credit advance provides overnight or short-term funding with no prepayment fee.

      The Daily Rate Credit (DRC) advance provides immediate access to overnight or short-term funding. Ideal for managing daily liquidity, this advance has no minimum required trade amount or prepayment fee and can be accessed or repaid online through the Bank’s members-only website, FHLBAccess.

    • Fixed Rate Credit Up To Six Months

      A Fixed Rate Credit advance for up to six months provides members with an alternative to deposit markets for short-term funding needs.

      A Fixed Rate Credit advance for up to six months provides members with an alternative to deposit markets for short-term funding needs.These advances are great for dealing with unanticipated cash needs and are a low-cost alternative that helps manage liquidity and mitigate risk. Additionally, the same Fixed Rate Credit advances up to six months in term can be borrowed online through the Bank’s members-only website, FHLBAccess.

    • Floating Rate Advance

      Floating rate advances are a great way to obtain low-cost, market-rate funds and manage liquidity.

      Floating Rate Advance Configuration

      Protect against rising interest rates by putting a cap on your advances.

      Reduce cost of the advance by putting in a floor, limiting how low the rate on the advance could fall.

      Reduce interest-rate risk with an amortizing advance that can be created to mimic the structure of your loan portfolio.

      Forward Starting advances allow you to lock in a funding spread in today's market environment.


    • Short-Term Fixed Rate Credit

      Fill the gaps in everyday flow of funds with a short-term Fixed Rate Credit advance.

      Short Term Fixed Rate Advance Configuration

    • Residential Available For Sale

      Residential Available for Sale allows members to pledge loans identified to be sold in the secondary market as collateral for advances, increasing flexibility and borrowing capacity.

      Residential Available for Sale (RAFS) enables members to establish lendable collateral value on their pipeline of closed residential 1-4 family mortgages awaiting sale into the secondary market. RAFS collateral can be used as a source of mortgage warehouse funding or for any other short- or long-term borrowing need. It’s a reliable, flexible, and easy-to-use means of enhancing borrowing capacity with the Bank.

    • Expander

      The Expander advances give members the option to increase the principal amount in the future, at an interest rate predetermined today.

      Expander Configuration

    • Principal Reducing Credit

      Principal Reducing Credit advances allow members to fund loans (or pools of loans) as well as investments with period repayment of principal.

      Principal Reducing Credit Configuration

      A callable advance allows the borrower to prepay on specified dates with no penalty.

      Forward Starting advances allow you to lock in a funding spread in today's market environment.


    • Affordable Housing Program Competitive - Rental and Ownership

      The AHP Competitive is a flexible source of funding designed to help member institutions and their community partners develop affordable owner-occupied and rental housing for very low- to moderate-income families and individuals. Affordable Housing developers and other organizations partner with our member institutions to seek competitive subsidy funding or low-cost loans.

      The AHP Competitive is a flexible source of funding designed to help member institutions and their community partners develop affordable owner-occupied and rental housing for very low- to moderate-income families and individuals. Affordable Housing developers and other organizations partner with our member institutions to seek competitive subsidy funding or low-cost loans. Learn more about the AHP Competitive. 

    • Community Partners Product

      Members can grow their customer base and mortgage originations while supporting those vital members of the community who help others for a living. Community Partners provides home purchase assistance to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders. Both first-time homebuyers and non-first-time homebuyers may be eligible.

      Members can grow their customer base and mortgage originations while supporting those vital members of the community who help others for a living. Community Partners provides home purchase assistance to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders. Both first-time homebuyers and non-first-time homebuyers may be eligible.

    • Community Rebuild and Restore Product

      With the Community Rebuild and Restore Product, members can support homeowners in their community whose homes have been damaged by a natural disaster. Community Rebuild and Restore provides up to $10,000 for the rehabilitation of an existing owner-occupied home located in “Major Disaster Declaration” areas as designated by the Federal Emergency Management Agency (FEMA).

      With the Community Rebuild and Restore Product, members can support homeowners in their community whose homes have been damaged by a natural disaster. Community Rebuild and Restore provides up to $10,000 for the rehabilitation of an existing owner-occupied home located in “Major Disaster Declaration” areas as designated by the Federal Emergency Management Agency (FEMA). 

    • First-time Homebuyer Product

      With FHLBank Atlanta's First-time Homebuyer Product (FHP), members can expand their reach into the first-time homebuyer market, originate new mortgages, and help their customers close. First-time homebuyers can use these matching funds to help cover closing costs and down payments. Since 1997, the AHP Set-aside Program has helped more than 20,000 families purchase or rehabilitate homes.

      With FHLBank Atlanta's First-time Homebuyer Product (FHP), members can expand their reach into the first-time homebuyer market, originate new mortgages, and help their customers close. First-time homebuyers can use these matching funds to help cover closing costs and down payments. Since 1997, the AHP Set-aside Program has helped more than 20,000 families purchase or rehabilitate homes.

    • Foreclosure Recovery Product

      Members can advance the disposition of their REO properties and create new lending opportunities with the Foreclosure Recovery Product. Down-payment, closing-cost, and rehabilitation funding is available for the purchase or purchase and rehabilitation of an existing home from the REO inventory of any FHLBank Atlanta member institution. Funding is available to first-time homebuyers and non-first-time homebuyers.

      Members can advance the disposition of their REO properties and create new lending opportunities with the Foreclosure Recovery Product. Down-payment, closing-cost, and rehabilitation funding is available for the purchase or purchase and rehabilitation of an existing home from the REO inventory of any FHLBank Atlanta member institution. Funding is available to first-time homebuyers and non-first-time homebuyers. 

    • Structured Partnership Product

      The Structured Partnership Product helps connect members with local governments, Housing Finance Agencies, and other business drivers in their community and provides funds for eligible home purchases and rehabilitations.

      The Structured Partnership Product helps connect members with local governments, housing finance agencies, and other business drivers in their community and provides funds for eligible home purchases and rehabilitations. Learn more.

    • Veterans and Returning Veterans Purchase Products

      The Veterans and Returning Veterans Purchase Products help members better serve and support military families and households in their communities. These products provide funding for purchase or purchase and rehabilitation of a home by veterans and active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses.

      The Veterans and Returning Veterans Purchase Products help members better serve and support military families and households in their communities. These products provide funding for purchase or purchase and rehabilitation of a home by veterans and active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses.

    • Veterans and Returning Veterans Rehabilitation Products

      The Veterans and Returning Veterans Rehabilitation Products provide funding for energy efficient and accessibility improvements to a home owned by veterans or active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses.

      The Veterans and Returning Veterans Rehabilitation Products provide funding for energy efficient and accessibility improvements to a home owned by veterans or active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses.

    • Standby Letters of Credit

      A Standby Letter of Credit functions as an independent guaranty for a member’s obligation and may help increase borrowing capabilities.

      FHLBank Atlanta issues Standby Letters of Credit on an institution's behalf to a third-party beneficiary as an independent guaranty of an obligation. The most common usage for this Letter of Credit is for Public Unit Deposit collateral.

    • Confirming Letter of Credit

      A Confirming Letter of Credit – sometimes called a "wrap" – can help secure improved credit terms for community-focused bonds, enhancing the bond’s credit rating, reducing borrowing costs, and improving marketability.

      The Confirming Letter of Credit confirms, or “wraps”, the member's own letter of credit to a beneficiary, promising to fulfill the obligation to the beneficiary if the member is unable. The Confirming Letter of Credit carries FHLBank Atlanta's high credit rating, strengthening the credit rating of the underlying transaction. The Letter of Credit is often used for bond issuances, reducing the borrowing cost.

    • Public Unit Deposits (PUD) Letter of Credit

      Members can use a Standby Letter of Credit to collateralize Public Unit Deposits (PUDs) that exceed the level covered by FDIC. It's a great alternative to pledging securities.

      Instead of pledging securities, make more efficient use of liquidity and generate higher returns with a Public Unit Deposit (PUD) Letter of Credit. For an annual fee of only 9 basis points, a PUD Letter of Credit collateralizes Public Unit Deposits that exceed FDIC coverage, giving your institution the edge it needs.

    • Daily Investment Account

      Members can access a Daily Investment Account (DIA) to post advance proceeds and repayments, make wire transfers, and enable cash transactions related to securities safekeeping transaction activity.

      Members can access a Daily Investment Account (DIA) to post advance proceeds and repayments, make wire transfers, and enable cash transactions related to securities safekeeping transaction activity.

    • Wire Transfers

      Send and receive wire transfers to and from other domestic institutions. Our members enjoy same-day credit on all incoming funds.

      Send and receive wire transfers to and from other domestic institutions. Our members enjoy same-day credit on all incoming funds.

    • Safekeeping Services

      Members can consolidate securities portfolios, simplify cash management, and immediately pledge eligible securities for advances. Public Unit Deposit pledge services are also available as part of the safekeeping offering.

      Members can consolidate securities portfolios, simplify cash management, and immediately pledge eligible securities for advances. Public Unit Deposit pledge services are also available as part of the safekeeping offering.

    • MPF® Direct

      MPF® Direct is a jumbo loan product that partners the MPF program with Redwood Trust, Inc., a real estate investment trust. This unique partnership offers PFIs the opportunity to access private capital when they sell their fixed-rate mortgages into the secondary market, leveraging their FHLBank membership to obtain liquidity for loans up to $2.5 million.

      MPF® Direct is a jumbo loan product that partners the MPF program with Redwood Trust, Inc., a real estate investment trust. This unique partnership offers PFIs the opportunity to access private capital when they sell their fixed-rate mortgages into the secondary market, leveraging their FHLBank membership to obtain liquidity for loans up to $2.5 million.

    • MPF Xtra®

      The MPF Xtra® product launched in 2008 under the MPF Program to provide small- and medium-sized FHLBank members with improved access to the secondary market. MPF Xtra provides an alternative to holding fixed-rate loans in portfolio, creating additional liquidity opportunities for our members who become Participating Financial Institutions (PFIs), and sell their loans under the MPF Program.

      The MPF Xtra® product launched in 2008 under the MPF Program to provide small- and medium-sized FHLBank members with improved access to the secondary market. MPF Xtra provides an alternative to holding fixed-rate loans in portfolio, creating additional liquidity opportunities for our members who become Participating Financial Institutions (PFIs), and sell their loans under the MPFProgram.

    • MPF® Government MBS

      The MPF® Government MBS product is a competitively-priced solution that allows PFIs to sell fixed-rate government mortgage loans that are insured or guaranteed by the FHA, VA, and USDA. PFIs then have the flexibility to retain the servicing rights and fee income, or release the servicing rights to realize up-front income for their value.

      The MPF® Government MBS product is a competitively-priced solution that allows PFIs to sell fixed-rate government mortgage loans that are insured or guaranteed by the FHA, VA, and USDA. PFIs then have the flexibility to retain the servicing rights and fee income, or release the servicing rights to realize up-front income for their value.