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

Maximum Points Up

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

Maximum Points Up

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Entry: User, numeric, 7 digits (not including the decimal)

F/M: Yes

Mnemonic: LNAMRU

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

 

This is the maximum points per period that the loan accrual rate can be increased. This field will only work when there is a checkmark in the Use Rate Cap field.

 

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