CODI, COSI, COFI, MTA Loans

CODI, COSI, COFI, MTA? What are these type of loans and what can they do for you? At Valued Mortgage, we can help you figure out CODI, COSI, COFI, and MTA loans as well as anything else you need to know about mortgages, interest rates, home loans, amortization, and payments.

What is a CODI loan? CODI stands for Cost of Deposit Index.

What about a COSI loan? COSI stands for Cost of Savings Index.

COFI stands for Cost of Funds Index.

These indexes are based on checking rates, savings rates, CD rates, and Federal Funds rate. These indexes do not take into account the prime rate. This makes CODI, COSI, COFI, and MTA loans the most flexible loans available on the market today.

COSI, CODI, MTA, and COFI loans are so stable that they are practically fixed rate mortgages, but have all of the benefits of adjustable rate mortgages.

Each loan has four monthly payment options including minimum payment, interest only, fully indexed payment, or equity building. Every month you receive a statement for your COSI, MTA, CODI, or COFI loan and you can choose which type of payment best suits your needs that month. You can pay the minimum amount in order to have money left over to pay for other things or make larger payments to build up equity faster.

Whether you're looking for the smallest house payment possible, the highest possible cash flow, or to minimize your house payment in order to free up funds to pay off bad credit debt, a CODI, COSI, COFI, or MTA loan can help you acheive these goals. We want to help you secure the best home loan for your specific needs.

Call us today to consult with a mortgage specialist.

1-800-392-1050

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