Can a loan be partially enrolled in the CAP program?

Yes, you can partially enroll loans. For example, $50,000 of CAP coverage on a $100,000 loan would result in 50% of the loan being covered under the CAP program. Lenders can use partial enrollment to make larger loans via the CAP program. For example, $200,000 of CAP coverage on a $300,000 loan would result in a 66% CAP coverage for that loan.

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