Loan Qualifications

A member may obtain a Community Investment Advance on loans to be closed or closed loans. If a member is using loans to be closed, loans will need to be closed within 12 months of the Community Investment Advance. If a member is using closed loans, those loans will need to have been originated within the three months prior to the Community Investment Advance.

Members will be asked to certify to the Bank that each loan funded with a Community Investment Advance meets the targeting requirements of the Community Investment Advance program. This certification will include a project description, and, where appropriate, supporting documentation related to the targeting.

Please continue reading for assistance in determining if a loan meets the programs targeting requirements. If you have questions, call the Community Investment Department at 800.544.3452 ext. 1173.

Targeting requirements of the Community Investment Advance program include:

• Commercial Lending Advance (including Rural Capital Advance)

• Residential Lending Advance (owner-occupied housing)

• Rental Housing

• Community Investment Advances in Federal Disaster Areas

Further Details

Read more about Community Investment Advance

To view and print the Community Investment Advance application
 

Community Investment