Cofi (Cost Of Funds Index)
One of the many indexes used to determine rate changes for an adjustable rate mortgage. COFI is considered a good index for the borrower.
More Real Estate Definitons
FHA MortgageQuadrantHighwayMeridianShinglesX-BracingZero Lot LineZoning VarianceLeasehold LoanBuyer’s MarketRedevelopmentMaterial FactInchoate DowerReceiverTwo Hour WallRmNegligenceFiduciary DeedAbutKick PlateTenement HouseClass ActionTortREMICMoldingLiveGranteeKelp-ShoreRevocableEscrow AccountValue In PlaceDead LoadNatural PersonWeir BoxParquet FloorKilowattOption to RenewDaleBoycottingJudgment ProofRepresentationVoucher System