Navigation:  Loan Screens > Account Information Screen Group > ARM Information Screen > ARM Rates & P/I Tables tab > P/I Payment Information field group > P/I Change Frequency

Entry: System, numeric

F/M: No

Mnemonic: LNAMPC

Screen: Loans > Account Information >ARM Information > ARM Rates & P/I Tables tab

 

This field will display the P/I Change Frequency field from the ARM Detail tab on this screen. This field contains the frequency on which the P/I will change on this loan. It should be entered in months. If the P/I is supposed to change annually, “12” would be entered in this field. Enter "6"  for semi-annual changes; "1" for monthly changes.