There are currently 4 names in this directory beginning with the letter I.
Index Base Ratethe interest rate of the publicly published financial index upon which the fully indexed rate is based.
Initial Interest Ratethe interest rate charged when the loan begins.
Initial Mortgage Insurance Premiumthe upfront HECM mortgage insurance premium, currently set at 2% of the lending limit.
Interest Rate Capthe rate that your adjustable interest rate can never exceed over the life of the loan.