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BankersOnline.com Forums State-Specific Compliance Issues Minnesota 15 Year Arm
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#2128855 - 05/02/17 07:50 PM 15 Year Arm
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Can any one tell me what the caps are for a 15 year ARM, changes every 5 years? I would assume that this differs from the 5/1 arm caps. Thank you

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#2128890 - 05/02/17 09:57 PM Re: 15 Year Arm Banker57
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,599
Galveston, TX
I'm not aware that State law sets any specific cap limitations on ARMs in MN.
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