Life Cap

Life Cap - Politics, Business, Civil, History - Posted: 23rd Jan, 2010 - 12:45pm

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Post Date: 13th Jan, 2010 - 8:06pm / Post ID: #

Life Cap

Life cap

In Real Estate terminology how do you define what "Life cap" mean exactly?

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23rd Jan, 2010 - 12:45pm / Post ID: #

Cap Life

For those adjustable rate mortgages is a limit on the amount that the rate can increase or decrease over the life of a mortgage.

Attached Image Edited: TheHotAgent on 23rd Jan, 2010 - 12:47pm


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