FM SFLP.Loan Age

From Open Risk Manual

Definition

Loan Age: The number of calendar months since the mortgage loan's origination date. For purposes of calculating this data element, origination means the date on which the first full month of interest begins to accrue.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 16
  • Column Label: LOAN_AGE
  • Data Type: NUMERIC
  • Data Maximum Length: 9(3)

Disclaimer

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