Difference between revisions of "FM SFLP.High Balance Loan Indicator"
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== Definition == | == Definition == | ||
<b>High Balance Loan Indicator</b>: An indicator that denotes if the original principal balance of a [[Mortgage Loan]] is greater than the general conforming [[Loan Limit]] and up to the high-cost area loan limit. | <b>High Balance Loan Indicator</b>: An indicator that denotes if the original principal balance of a [[Mortgage Loan]] is greater than the general conforming [[Loan Limit]] and up to the high-cost area loan limit. | ||
== Notes == | == Notes == | ||
| − | * Y = Yes | + | * Valid Values: |
| − | * N = No. | + | ** Y = Yes |
| − | + | ** N = No. | |
| − | + | * The field belongs to the [[FM SFLP Template]] | |
| − | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 87 | * FM SFLP Field Index: 87 | ||
| − | * Column Label: | + | * Column Label: HIGH_BALANCE_LOAN |
* Data Type: Boolean | * Data Type: Boolean | ||
* Data Maximum Length: X(1) | * Data Maximum Length: X(1) | ||
Revision as of 19:01, 16 May 2024
Definition
High Balance Loan Indicator: An indicator that denotes if the original principal balance of a Mortgage Loan is greater than the general conforming Loan Limit and up to the high-cost area loan limit.
Notes
- Valid Values:
- Y = Yes
- N = No.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 87
- Column Label: HIGH_BALANCE_LOAN
- Data Type: Boolean
- Data Maximum Length: X(1)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
