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                        HOME EQUITY LINES OF CREDIT (HELOC)
                      INSTRUCTIONS FOR COMPLETING FORM C-213
The Borrowing Base Certificate form is for Home Equity Line of Credit or other revolving loans in first or
second lien position on residential 1-4 family properties. Completed forms should be submitted to the Bank
within 45 days of every quarter end. After January 1, 2001 failure to submit this form may result in a temporary
restriction in the member’s borrowing capacity.

Name and Address Section: Please complete the name, city and telephone numbers on this form, including
your four-digit member number. Choose the Date of Loan Balances to coincide with the date of the Quarter
End of the submission, or, if submitting an “Interim” report, use the date of the Loan Trial Balance used.

Section I. Beginning Balance:
This section is divided into three lines, one line each for Banks, Thrifts, and Credit Unions. Please use your
most current Regulator’s report and establish a beginning balance as follows:

Banks, use Call Report line on Schedule RC-C, Loan and Lease Financing Receivables, RCON 1797, line 1.
Loans Secured by Real Estate; c. Secured by 1-4 family residential properties; (1) Revolving open-end loans
secured by 1-4 family residential properties and extended under lines of credit. Place the dollar amount on this
line on the corresponding line of the form.

Thrifts should use the Thrift Financial Report (TFR) Consolidated Statement of Condition, line item SC251,
Permanent Mortgages on Revolving, Open-End Loans, secured by 1-4 Family Dwellings.

Credit Unions go to the NCUA 5300 Call Report Schedule A. Real Estate Loans Lines of Credit, use the total
of account codes 708 and 708b.

Section II. Subtractions - There are two way to complete this part of the form:

   1) Use the form like a worksheet by using the call report balance in Section I. as a starting point, and then
      using the criteria in Section II to show subtractions, and placing the net total on Section III. The Bank
      has determined either by regulation or Bank policy that certain types of mortgage loans are not eligible
      as collateral. The items listed in this section are to be subtracted only if included as part of the
      Beginning Balance in Section I of the form. If the beginning balance does not include, for example,
      “Loans classified as substandard, doubtful or loss”, a short line or a $0 should be placed on the line to
      the right. Note: The Bank’s Checklist-213 for Home Equity Lines of Credit Mortgages will assist with
      most eligibility questions. Or,

   2) You may develop an internal listing of only the eligible loans by using the checklist to identify only the
      qualifying loans. If this method is used, place the call report balance in Section I., check the box in
      Section II, and place your net eligible balance in Section III.

The Number (#) of Loans may be omitted unless requested by the Home Loan Bank audit staff in preparation
for Mortgage Collateral Verification reviews.

Section II. - Subtractions Defined:

1. Loans that do not provide for some form of amortization of principal after 120 months since origination.

                                 Instructions C-213 HELOC – Revised June, 2007 – Type Code 13

2. Loans should not be over 90 days past due on either their principal or the interest.

3. Subtract loans in the residential 1-4 family second mortgages group if they are currently classified as
   substandard, doubtful or loss by either internally or by the member’s regulatory agency.

4. Subtract all loans to employees, directors, officers, attorneys (full, part time or those secured as consultants)
   or agents of the member or the Bank. (A list of Bank employees will be provided only if the Bank deems it
   necessary due to listing or delivery requirements and the member’s proximity to Bank offices)

5. Fractional interests in real estate loans are not eligible as collateral. If the member holds less than 100%
   interest in any mortgage it must be entirely eliminated from this category of collateral.

6. Subtract any or all residential loans that are used to secure any other indebtedness with any other lending
   institution. For example, if your institution has a borrowing agreement with the Federal Reserve Bank or a
   corporate central credit union, any junior lien loans pledged to secure the indebtedness must be excluded
   from the eligible mortgages on this borrowing base form. Notify the Bank of any agreements that involve
   real estate property as collateral, to ensure double pledging of collateral is prevented.

7. Loans owned by a Real Estate Investment Trust or a Subsidiary should not be reported as collateral. The Bank
   may permit the use of loans owned by a Real Estate Investment Trust or a Subsidiary under certain
   circumstances. Please contact the Collateral department for further information.

8. Loans that do not comply with the Bank’s Anti-Predatory Lending (APL) Policy. See the APL policy on

9. If the real estate in Section I for any reason does not include a single family, duplex, tri-plex or four-plex
   dwelling, it cannot be reported on this form. Contact the Collateral department for instructions to pledge
   non-residential loans.

10. Other reasons for deductions may include: Insurance and/or Abstract Opinions eligibility issues. Please
    review our Checklist-213, One-To-Four Family Home Equity Line of Credit Mortgages. Exceptions, either
    temporary or permanent should be subtracted here.

Section III

Subtract any amounts placed on the lines in Section II. from Section I. to obtain a “Net Total of Eligible
Collateral” in Section III, or place your internal report total here. This is the amount that is entered in the
Bank’s Collateral database and will have the member’s discount factor applied to determine advance equivalent
value. The advance equivalent value is stated on the Bank’s “Statement of Advance Collateral Position” on a
daily basis.

The form must be signed by either an officer or the person responsible for the information on the form. You
may fax the form to the Collateral department’s fax number stated on the form, which is 515.699.1201. If you
experience repeated problems with our fax, please feel free to mail the form to our department (keeping a copy
for your records) or contact this department at 800.544.3452, ext. 5408, for an alternate fax number.

                                  Instructions C-213 HELOC – Revised June, 2007 – Type Code 13

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