Prime Marketing Group, LLC
Prime Marketing Group, LLC
(800) 844-9639 ext. 7882
Broker: Ike Duren
BK302577
Auctioneer: Fritz Fedele
AU2871.AB2650.BK302577
Florida Auctioneer Academy @
F-A-A.com
Fritz@F-A-A.com

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Real Estate Glossary

  Cap

A provision of an adjustable-rate mortgage (ARM) that limits how much the interest rate or mortgage payments may increase or decrease. See lifetime payment cap, lifetime rate cap, periodic payment cap, and periodic rate cap.

 

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