Mta


Definition of "12 MTA"

An interest rate index that is used on some ARMs.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Mortgage Servicing

Monitoring and administrating a mortgage lien after it has been made. This may include monthly payme ...

Taxable Income

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable ...

Full Vesting

Entitlement to pension benefits without a reduction, even though an employee is no longer in the ser ...

Acquisition

Function of securing ownership or controlling interest over a property or other object of interest. ...

Preventive Maintenance

maintenance procedures conducted to prevent later repairs and furthering a longer useful life. For e ...

Creative Financing

Any financing agreement excluding a conventional mortgage from a third-person or entity lending inst ...

Related Real Estate FAQ

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

What Happens When You Prequalify?

When you are prequalified, the lender gives you an estimate but does not formally commit to giving y ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Are Jumbo Mortgages?

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 signs of house foundation problems What is the Best Time of Year to Buy a Home? Short Sale Homes Top Five Reasons Your Home Offer was Rejected 3 tips to ensure your sale goes through

FAQ

What is a convertible ARM? What is a cap? What does FSBO mean? What is a Ginnie Mae? What do I need to know about RV Insurance?