FM SFLP.ARM Product Type

Definition

ARM Product Type: For an adjustable-rate mortgage loan, a string that denotes

• the Initial Fixed-Rate Period
• the subsequent Interest Rate Adjustment Frequency, and
• the Original Loan Term.

Notes

Applicable to certain CIRT offerings.

The field belongs to the FM SFLP Template

Field Characteristics

• FM SFLP Field Index: 89
• Column Label: ARM_PRODUCT_TYPE
• Data Type: ALPHA-NUMERIC
• Data Maximum Length: X(100)

Disclaimer

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