Thursday

April 24, 2014

April 24, 2014

Posted by **Pauline Holcomb** on Thursday, May 3, 2012 at 8:40pm.

1. What’s the initial rate and what’s the interest rate after the first year?

2. What is the fully indexed rate after the second year?

3. What is the borrower’s interest rate after the second year?

4. What is the maximum interest rate this loan could have?

5. What would the LIBOR have to be to obtain that interest rate?

- Mortgage Class -
**G**, Monday, August 12, 2013 at 1:42pmSo where is the answer?

- Mortgage Class -
**Donna**, Tuesday, November 5, 2013 at 2:47pmCAN ANYONE ANSWER THIS?

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