1most arms have rate caps andor debt service caps, Ask an Expert

Finance

1.Most ARMs have rate caps and/or debt service caps. What’s the difference between a rate cap and a debt service cap?

2. In general, why do lenders front load fees and points rather than amortizing them over the life of a loan?

3. Name three cash expenditures incurred by a property owner that are not included in a calculation of Net Operating Income (NOI).

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92077058

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