Navigation:  Loan Screens > Account Information Screen Group > ARM Information Screen > ARM Detail tab > Periodic Rate Caps field group > Length of Rate Cap Period

Entry: User, numeric, 3 digits

F/M: Yes

Mnemonic: LNAMLP

Screen: Loans > Account Information > ARM Information > ARM Detail tab

 

This is the length of the rate cap period and must be entered in months. This field is only used when there is a checkmark in the Use Rate Cap field.