Last reviewed 08-20-2026Short-Sale.com Editorialglossary
RENEGOTIABLE RATE MORTGAGE
California Department of Real Estate
Updated 08-20-2026
RENEGOTIABLE RATE MORTGAGE
A loan secured by a long term mortgage which provides for renegotiation, at pre-determined intervals, of the interest rate (for a maximum variation of five percent over the life of the mortgage.)
California Department of Real Estate Glossary
California Department of Real Estate · p. 28
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