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Best Nationwide Loans
620 NewPort Center Drive, Suite 1100
NewPort Beach, CA 92660
Toll Free: 888-801-3000
Fax: 949-313-1292
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RD Glossary - Cap
A provision of an adjustable-rate mortgage (ARM) that
limits how much the interest rate or loan payments may increase or decrease. In
upward rate markets, it protects the borrower from large increases in the
interest rate or monthly payment. See lifetime payment cap, lifetime rate cap,
periodic payment cap, and periodic rate cap.
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Today's Rate |
4.625%
Fixed Rate |
| * 4.881% APR. The displayed annual percentage rates (APRs) include total Points and additional prepaid finance charges but do not include other Closing Costs. On adjustable-rate loans, rates are subject to increase over the life of the Loan. |
| Call: 888-801-3000 or Apply Online |
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