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

Rate at Period Start

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

Rate at Period Start

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

F/M: Yes

Mnemonic: LNAMSY

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

 

This is the rate at the start of the rate cap period. Maximum and minimum points upward or downward will key off this rate for the rate cap period.

 

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