Difference between revisions of "FM SFLP.ARM Product Type"
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== Definition == | == Definition == | ||
− | <b>ARM Product Type</b> | + | <b>ARM Product Type</b>: For an adjustable-rate mortgage loan, a string that denotes the Initial Fixed-Rate Period, the subsequent Interest Rate Adjustment Frequency, and the Original Loan Term. |
== Notes == | == Notes == | ||
Line 10: | Line 10: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 89 | * FM SFLP Field Index: 89 | ||
+ | * Column Label: ARM_PRODUCT_TYPE | ||
* Data Type: ALPHA-NUMERIC | * Data Type: ALPHA-NUMERIC | ||
* Data Maximum Length: X(100) | * Data Maximum Length: X(100) |
Revision as of 15:15, 17 January 2023
Definition
ARM Product Type: For an adjustable-rate mortgage loan, a string that denotes the Initial Fixed-Rate Period, the subsequent Interest Rate Adjustment Frequency, and the Original Loan Term.
Notes
Applicable to certain CIRT offerings.
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 89
- Column Label: ARM_PRODUCT_TYPE
- Data Type: ALPHA-NUMERIC
- Data Maximum Length: X(100)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates