Difference between revisions of "FM SFLP.Property Type"

From Open Risk Manual
 
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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)
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* Temporal Classification: Acquisition
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* Data Category: PropertyCollateral
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== Implementation ==
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* [https://github.com/open-risk/openNPL openNPL repository]
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== Learn More ==
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* [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses]
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== Discuss ==
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* [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions]
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* [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions]
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 15:02, 17 May 2024

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