FM SFLP.Prepayment Penalty Indicator
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Contents
Definition
Prepayment Penalty Indicator: An indicator that denotes whether the Borrower is subject to a penalty for early payment of principal (Prepayment).
Notes
- Valid Values:
- Y = Yes
- N = No.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 36
- Column Label: PPMT_FLAG
- 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
