Difference between revisions of "FM SFLP.Property Type"

From Open Risk Manual
(Created page with " == 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 develop...")
 
 
(3 intermediate revisions by the same user not shown)
Line 1: Line 1:
 
 
== 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.
  
 
== Notes ==
 
== Notes ==
CO = condominium
+
* Valid Values:
CP = co-operative
+
** CO = condominium
PU = Planned Urban Development
+
** CP = co-operative
MH = manufactured home
+
** PU = Planned Urban Development
SF = single-family home.
+
** MH = manufactured home
 
+
** SF = single-family home.
The field belongs to the [[FM SFLP Template]]
+
* The field belongs to the [[FM SFLP Template]]
  
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 28
 
* FM SFLP Field Index: 28
 +
* Column Label: PROP
 
* Data Type: Choice
 
* Data Type: Choice
 
* Data Maximum Length: X(2)
 
* Data Maximum Length: X(2)
 +
* Temporal Classification: Acquisition
 +
* Data Category: PropertyCollateral
 +
 +
== Implementation ==
 +
* [https://github.com/open-risk/openNPL openNPL repository]
 +
 +
== Learn More ==
 +
* [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses]
 +
 +
== Discuss ==
 +
* [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions]
 +
* [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