Difference between revisions of "FM SFLP.ARM Balloon Indicator"

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Revision as of 14:51, 17 January 2023

Definition

ARM Balloon Indicator.: For an adjustable-rate mortgage loan, a code that denotes if the loan has a balloon feature.

Notes

Y = Yes; N = No

Applicable to certain CIRT offerings

.

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 100
  • 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