Difference between revisions of "FM SFLP.Property Type"
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== Definition == | == Definition == | ||
<b>Property Type</b>: 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. | <b>Property Type</b>: 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. | ||
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* Data Type: Choice | * Data Type: Choice | ||
* Data Maximum Length: X(2) | * Data Maximum Length: X(2) | ||
+ | * Temporal Classification: Acquisition | ||
+ | * Data Category: PropertyCollateral | ||
+ | |||
+ | == Implementation == | ||
+ | * [https://github.com/open-risk/openNPL openNPL repository] | ||
+ | |||
+ | == Learn More == | ||
+ | * [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses] | ||
+ | |||
+ | == Discuss == | ||
+ | * [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions] | ||
+ | * [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions] | ||
== Disclaimer == | == Disclaimer == |
Latest revision as of 15:02, 17 May 2024
Contents
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
Learn More
Discuss
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates