FM SFLP.ARM Balloon Indicator
From Open Risk Manual
Definition
ARM Balloon Indicator: For an adjustable-rate mortgage loan, a code that denotes if the loan has a balloon feature.
Notes
- Valid Values:
- Y = Yes
- N = No
- Applicable to certain CIRT offerings
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 100
- Column Label: BALLOON_INDICATOR
- Data Type: Boolean
- Data Maximum Length: X(1)
- Temporal Classification: Acquisition
- Data Category: Loan
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
{{#set:Field Type=Boolean}}
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