Maryalice Ryan
Maryalice Ryan
(908) 917-5801
maryaliceryan@comcast.net

Coldwell Banker Residential Brokerage
209 Central Avenue
Westfield, NJ 07090
Direct Line: 908-928-9121
Cell: 908-917-5801
Fax: 908-233-8780

Westfield, New Jersey Area Real-Estate


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.

 

[ Back To Real Estate Glossary ]