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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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Selling Salinas and Monterey County Real Estate
Salinas Realtor Noe Renteria. 831-449-5126
RE/MAX Real Estate Service 362 Main Street Salinas CA 93901, CA DRE License #01277574
Serving Salinas, Prunedale, Soledad, Seaside and Monterey County
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