Benefits & Funding Goals
- Match funds fixed-rate assets
- Reduces funding costs
- Protects against rising rates
Rate Outlook
Features
Funding Type:
Fixed
Terms Limitations:
Out to 20 years
Minimum:
$2 million
Interest Payments:
Second business day of the month
Principal Due:
At maturity
Putable/Callable:
Yes
Availability:
Two-day forward
Prepayment Eligible:
Yes
Other Products & Information to Consider
- Classic Advance
- SOFR Flipper Advance
- HLB-Option Sensitivity Analysis (opens spreadsheet)
Strategies & Insights
Ready to book an advance?
Call the Member Funding Desk at 800-357-3452 or