Yes
226.19(b)(2) Variable-rate loan program defined. i. Generally, if the identification, the presence or absence, or the exact value of a loan feature must be disclosed under this section, variable-rate loans that differ as to such features constitute separate loan programs. For example, separate loan programs would exist based on differences in any of the following loan features:
C. The presence or absence of, and the amount of, rate or payment caps.
_________________________
The opinions expressed here should not be construed to be those of my employer:
PPDocs.com