Difference between revisions of "Mortgage Loan Purpose"

From Open Risk Manual
(Initial Entry)
 
 
Line 1: Line 1:
 
== Definition ==
 
== Definition ==
 
'''Mortgage Loan Purpose'''. The purpose for which mortgage loan proceeds will be used, such as real property purchase, dwelling construction, or loan refinancing
 
'''Mortgage Loan Purpose'''. The purpose for which mortgage loan proceeds will be used, such as real property purchase, dwelling construction, or loan refinancing
−
 
−
 
−
== Disclaimer ==
 
−
This entry annotates a [https://spec.edmcouncil.org/fibo/ FIBO Ontology Class]. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the [https://opensource.org/licenses/MIT MIT Open Source License]. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
 
  
 
[[Category:Loan Core]]
 
[[Category:Loan Core]]
−
 
−
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/LOAN/LoanContracts/LoanCore/index-en.html }}
 
−
 
−
__SHOWFACTBOX__
 

Latest revision as of 17:53, 16 May 2024

Definition

Mortgage Loan Purpose. The purpose for which mortgage loan proceeds will be used, such as real property purchase, dwelling construction, or loan refinancing

Retrieved from "https://www.openriskmanual.org/wiki/index.php?title=Mortgage_Loan_Purpose&oldid=38148"
  • Creative Commons Attribution-NonCommercial-ShareAlike
  • Powered by MediaWiki
  • Powered by Semantic MediaWiki