Last reviewed 10-31-2026Short-Sale.com Editorialglossary

COFI

California Association of Realtors

Updated 10-31-2026

COFI

An adjustable-rate mortgage with a rate that adjusts based on a cost-of-funds index, often the 11th District Cost of Funds.

California Association of Realtors Glossary

California Association of Realtors · p. 3

FTC

Updated 10-31-2026

COFI

An in-dex that is used to determine interest rate changes for certain adjustable-rate mortgage (ARM) loans. It is based on the weighted monthly average cost of de-posits, advances, and other borrowings of members of the Federal Home Loan Bank of San Francisco.

FTC Real Estate Terms

FTC · p. 5

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