Difference between revisions of "FM SFLP.Prepayment Penalty Indicator"
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== Definition == | == Definition == | ||
| − | <b>Prepayment Penalty Indicator</b>: An indicator that denotes whether the | + | <b>Prepayment Penalty Indicator</b>: An indicator that denotes whether the [[Borrower]] is subject to a penalty for early payment of principal ([[Prepayment]]). |
== 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: 36 | * FM SFLP Field Index: 36 | ||
| − | * Column Label: | + | * Column Label: PPMT_FLAG |
* Data Type: Boolean | * Data Type: Boolean | ||
* Data Maximum Length: X(1) | * Data Maximum Length: X(1) | ||
Revision as of 18:11, 16 May 2024
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)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
