Loan Age, Seasoning, and Maturity Profile

Loan-age pages explain how time since origination, maturity, seasoning, and portfolio age affect credit interpretation.

In this section

• Loan Age: Definition and Insights
  Explore the concept of Loan Age, including its definition, implications, and examples.
• Loan Term: Basics and Importance
  Loan term is the contractual period over which a borrower must repay principal, interest, and required fees.
• Prime Loans: Loans Offered to Borrowers with Excellent Credit Histories, Lower Interest Rates, and More Favorable Terms
  Prime loans are loans extended to borrowers who have exceptional credit histories, characterized by lower interest rates and more favorable terms.
• Seasoned Loan: A Financial Instrument with Payment History
  A seasoned loan refers to a loan bond or mortgage on which several payments have been collected. It is generally easier to sell a seasoned mortgage compared to a new one that has not yet accumulated a payment history.
• Weighted Average Loan Age (WALA): The Average Age of Loans in a Pooled Portfolio
  Learn what WALA measures, why it matters in mortgage-backed and loan-pool