M.A.T. 12 month Loans
Posted 05 September 2004 - 10:32 PM
Posted 06 September 2004 - 10:33 AM
I think that MAT stands for "Moving Average Treasury" and it reflects the 12 month average of the average yields of US Treasuries adjusted to a constant maturity of one year. I also think that this is more of an index used in ARM for consumers.
I have not seen it used in commercial real estate loans. Long-term financing for commercial real estate involves prime or the 5-Year T-Bill usually.
Posted 06 September 2004 - 01:51 PM
Posted 06 September 2004 - 02:10 PM
Posted 06 September 2004 - 09:45 PM
Posted 06 September 2004 - 09:51 PM
Posted 06 September 2004 - 10:54 PM
Please limit your advertising to the signature.
Edited by loanuniverse, 07 September 2004 - 06:31 AM.
Guest_jon in florida_*
Posted 28 December 2004 - 11:54 PM
The problem i run into is that there are not enough honest people doing loans and thereslot of tricks being played. I know i have seen them.
i want a loan for myself thats 12 mat but i can't get a freaking normal rate because lo's want to load a high margin onto the indexed rate. does it not exist that i can get a 12 mat for 80% ltv and the a second mortgage for 15% and put 5% down. if anyone is an umb upfront mortgage broker that works with indymac bank or other wholesalers and can give me actual normal and not inflated margin plus the fully indexed rate please let me know.
Posted 29 December 2004 - 10:44 AM
As for the BS, the flexibility you're looking for comes at a cost. I'm not saying it's not possible, but the lenders will want to be compensated for their risk and/or inconvenience.
Good luck to you
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