All Products & Programs

Advances

With fixed and adjustable rate features, FHLBank Boston’s broad range of advances offers flexible cash flow and payment options to fit members’ business goals.

Mortgage Partnership Finance

The Mortgage Partnership Finance program serves a wide range of secondary market options whether it is enhanced revenue through risk sharing or liquidity by providing ready access to the conventional and government markets.

Housing & Economic Growth

FHLBank Boston members use our suite of housing and community investment programs to expand the stock of affordable housing and promote economic development.

Letters of Credit

Financial institutions use our letters of credit to facilitate residential housing finance and community lending, improve liquidity, and meet a variety of other financing needs.

Correspondent Services

Safekeeping, wire transfer, and other correspondent services from FHLBank Boston help members improve profitability and save time managing their cash positions and securities portfolios.

Online Banking

Offering a user-friendly and intuitive experience, Online Banking enables members to initiate advances, outgoing advance wires, safekeeping trades, letters of credit, and more online.
Strategies & Insights
All Member Resources

Products & Solutions Guide

Review advance product details and information about eligible collateral, collateral evaluation, and borrowing documentation in the Products + Solutions Guide.

Forms & Applications

Find the form or application you need to effectively use our products and programs.

Capital Stock Requirements

Read about FHLBank Boston’s membership stock investment requirements to complete transactions.

Member Directory

See which banks, credit unions, and insurance companies comprise FHLBank Boston’s membership.

Policies

Learn more about how FHLBank Boston manages operational risk and supports the expansion of fair and equitable homeownership opportunities.

Collateral Overview

Before securing an advance, letter of credit, or a line of credit, get more information about pledging collateral and our collateral review process.

father, mother, and son and daughter outside with home in background

Equity Builder Program Procedures & Requirements

As a member, now that you’ve decided to apply for the program, mark your calendars with these important dates and review how the program works in detail.

Application Period & Funding Rounds

The application period for Equity Builder Program (EBP) opens Monday, February 2, 2026, and closes Friday, February 27, 2026 at 3:00 p.m.

Members will be notified of their enrollment cap the week of March 16, 2025. FHLBank Boston will begin accepting enrollments for qualified households on Wednesday, April 1, 2026.

Approved members will have access to the funds allocated to the EBP funding round until they have met their maximum amount or until the pool runs out. Funds are always on a first-come, first-served basis. For more information, please refer to the 2026 Program Features and Notice of Changes and the EBP and HOW Procedures, which will be posted later this year.

2026 Funding Release Dates

Date	Type of Funding Release
Wednesday, April 1	state-by-state; member cap is $160,000
Wednesday, April 15	general pool
Friday, May 1	general pool; member cap increases to $320,000
Friday, May 15	general pool
Monday, June 1	general pool
Tuesday, June 2	leftover state-by state funding moved into general pool
Monday, June 15	general pool

Process

There are three easy steps to take advantage of the EBP:

Apply to participate in the program (this is an annual application process).
Once approved to participate, enroll homebuyers, and
After the closing, request disbursement of the grant(s).

To apply and enroll homebuyers, visit Community Lending. All other forms for the application and enrollment process can be found in Forms & Applications.

The standard review time for homebuyer enrollment applications is 15 business days assuming all acceptable documentation has been submitted.

To ensure you have all necessary documentation, please refer to this checklist.

EBP in Affordable Housing Implementation Plan

EBP is guided by the Affordabl e Housing Program Implementation Plan to ensure that EBP grants are used in an effective, timely, and appropriate manner. The plan is developed each year in consultation with the FHLBank Boston Advisory Council.

*The number of periods, the percentages, and dates can change based on FHLBank Boston’s sole discretion, the current year’s program need, and member/homebuyer demand.