Register
What is a lifetime cap?
167k views
0 votes
What is a lifetime cap?

User Akhilesh Sinha
by
8.2k points

2 Answers

1 vote
A lifetime cap is the maximum interest rate a borrower could ever pay during the life of a loan.
User Topological Sort
by
8.1k points
4 votes

Answer: A limit on how much an ARM's interest rate can change over the

life of a mortgage

Step-by-step explanation: took the quiz.

User Esh
by
7.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!