Last reviewed 08-20-2026Short-Sale.com Editorialglossary
LIFE OF LOAN CAP (CAP RATE)
California Department of Real Estate
Updated 08-20-2026
LIFE OF LOAN CAP (CAP RATE)
With regard to an adjustable rate mortgage, a ceiling the note rate cannot exceed over the life of the loan.
California Department of Real Estate Glossary
California Department of Real Estate · p. 20
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