FM SFLP.Mortgage Insurance Type

Definition

Mortgage Insurance Type: The entity that is responsible for the Mortgage Insurance premium payment.

Notes

• Valid Values:
  • 1 = Borrower Paid
  • 2 = Lender Paid
  • 3 = Enterprise Paid
  • Null = No MI.
• The field belongs to the FM SFLP Template

Field Characteristics

• FM SFLP Field Index: 73
• Column Label: MI_TYPE
• Data Type: Choice
• Data Maximum Length: X(1)
• Temporal Classification: Acquisition
• Data Category: Loan

Implementation

• openNPL repository

Learn More

• Mortgage Modeling Courses

Discuss

• Commons Mortgage Modeling Discussions
• Commons openNPL Discussions

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates