The Summit Vista Group Summit Vista Real Estate Group at RE/MAX Professionals Select Phone: 630.730.9234 or 815.230.5700 Email: info@summitvistarealestate.com Fax: 1-888-825-9995
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.
