A market area is a geographic zone containing people likely to purchase a business's goods or services.
Marketplace lending is a term that encompasses all forms of peer-to-peer lending. It is the practice of matching borrowers and lenders through online platforms.
Maturity is the time frame in which the loan principal is to be paid back. A mortgage with a maturity of 20 years would be structured so that the principal is paid at the end of the 20 years.
Metropolitan Statistical Area (MSA)
A metropolitan statistical area is a geographical region with high population density at its core and close economic ties throughout.
Mezzanine Financing (or Mezzanine Loan)
Mezzanine financing is a combination of debt and equity financing typically used to finance the expansion of existing companies. It is debt capital that gives the lender the right to convert to an ownership or equity interest in the company if the loan is not paid back in time.
A mixed-use property is a property with both residential and commercial tenants.
Mobile Home Park
A mobile home park is a collection of plots designed for mobile homes.
A mortgage is a debt secured by real estate that the borrower is required to pay back, plus interest, with a specified payment schedule. Used by individuals and businesses to make real estate purchases without paying the entire cost up front.
Multi-family housing refers to a structure having several housing units contained within a building, or several buildings within a complex. An apartment building is an example of multi-family housing.