PHILLIP JOHNSON
PHILLIP JOHNSON
(919)868-3171 Mobile
(800)704-7445
phillipjohnson@remax.net

Always "In Touch"
Raleigh NC Real Estate Services


THE PHILLIP JOHNSON TEAM
1-800-704-7445 - Listing Details Dial Ext. 7

Raleigh Real estate buyer and seller

  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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