Updated Collateral Loan-to-Values Effective March 10, 2025
last updated on Tuesday, February 25, 2025 in Business News
On Monday, March 10, 2025, FHLB Des Moines will implement revised Loan-to-Value Discounts (LTVs) for five Multi-Family First Mortgage collateral types.
LTV Discounts are improving for these type codes, providing increased borrowing capacity for members who pledge these collateral types. We encourage members to connect with their relationship manager along with the collateral team to optimize their current collateral position.
A chart of the updated LTVs are provided by clicking on the link below.
Loan Collateral
The following loan collateral LTVs will be updated for all members with a Blanket Advances, Pledge and Security Agreement (APSA).
| Type Code |
Collateral Type |
Current LTV Discount |
New LTV Discount |
| 1109 |
Multi-Family Real Estate First Mortgage Loan |
60% |
64% |
| 1110 |
Multi-Family Real Estate First Mortgage Loan - Interest Only |
60% |
64% |
| 1441 |
Multi-Family Real Estate First Mortgage Lines of Credit |
60% |
64% |
| 1470 |
Multi-Family Real Estate First Mortgage Loan - Retained Participation |
60% |
64% |
| 1570 |
Multi-Family Real Estate First Mortgage Loan - Purchased Participation |
54% |
58% |
Comparison of loan collateral ltv changes
Our goal is to maintain stable and prudent LTVs for members. We will continue to adjust appropriately with market conditions.
Information on LTVs can be found here.
If you have questions, or would like additional information on the updated LTVs, please contact the Collateral Department.
- Collateral
- Credit and Collateral