ruthihrndz ruthihrndz
  • 14-06-2021
  • Mathematics
contestada

What is a lifetime cap?

Respuesta :

aliyafamke
aliyafamke aliyafamke
  • 14-06-2021
A lifetime cap is the maximum interest rate a borrower could ever pay during the life of a loan.
Answer Link
maryamahmed7913
maryamahmed7913 maryamahmed7913
  • 08-03-2022

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.

Answer Link

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