FM SFLP.Property Type

From Open Risk Manual

Definition

Property Type: An indicator that denotes whether the property type secured by the mortgage loan is a condominium, co-operative, planned urban development (PUD), manufactured home, or single-family home.

Notes

  • Valid Values:
    • CO = condominium
    • CP = co-operative
    • PU = Planned Urban Development
    • MH = manufactured home
    • SF = single-family home.
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 28
  • Column Label: PROP
  • Data Type: Choice
  • Data Maximum Length: X(2)
  • Temporal Classification: Acquisition
  • Data Category: PropertyCollateral

Implementation

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Disclaimer

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