What does LPB mean in Mortgage?
This page is about the meanings of the acronym/abbreviation/shorthand LPB in the Business field in general and in the Mortgage terminology in particular.
Lowest Projected Balance
This term is used in relation to Mortgage Escrow Account Balances. Based on projected payments into and out of the Escrow account, during an analysis of the Escrow account, a forecast/projection of the lowest balance is determined and used to decide if additional payments will be needed to cover all bills the account is used to pay, or if a surplus is expected and a refund should be issued to the account owner.
Submitted by rinat on February 3, 2016
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"LPB." Abbreviations.com. STANDS4 LLC, 2024. Web. 3 May 2024. <https://www.abbreviations.com/term/1757560>.
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