Difference between revisions of "FM SFLP.ARM Balloon Indicator"
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== Definition == | == Definition == | ||
| − | <b>ARM Balloon Indicator</b> | + | <b>ARM Balloon Indicator</b>: For an adjustable-rate mortgage loan, a code that denotes if the loan has a balloon feature. |
== Notes == | == Notes == | ||
| − | Y = Yes | + | * Y = Yes |
| + | * N = No | ||
| + | |||
Applicable to certain CIRT offerings | Applicable to certain CIRT offerings | ||
| − | |||
| − | |||
The field belongs to the [[FM SFLP Template]] | The field belongs to the [[FM SFLP Template]] | ||
| Line 14: | Line 14: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 100 | * FM SFLP Field Index: 100 | ||
| + | * Column Label: BALLOON_INDICATOR | ||
* Data Type: Boolean | * Data Type: Boolean | ||
* Data Maximum Length: X(1) | * Data Maximum Length: X(1) | ||
Revision as of 18:26, 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
- Column Label: BALLOON_INDICATOR
- 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
