Difference between revisions of "FM SFLP.Original Interest Rate"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Original Interest Rate</b>: The original interest rate on a mortgage loan as identified in the original mortgage note.
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<b>Original Interest Rate</b>: The original [[Interest Rate]] on a [[Mortgage Loan]] as identified in the original mortgage note.
  
 
== Notes ==
 
== Notes ==
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* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(2).999
 
* Data Maximum Length: 9(2).999
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* Temporal Classification: Acquisition
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* Data Category: Loan
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== Implementation ==
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* [https://github.com/open-risk/openNPL openNPL repository]
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== Learn More ==
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* [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses]
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== Discuss ==
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* [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions]
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* [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions]
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 12:41, 17 May 2024

Definition

Original Interest Rate: The original Interest Rate on a Mortgage Loan as identified in the original mortgage note.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 8
  • Column Label: ORIG_RATE
  • Data Type: NUMERIC
  • Data Maximum Length: 9(2).999
  • Temporal Classification: Acquisition
  • Data Category: Loan

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