Difference between revisions of "FM SFLP.Current Interest Rate"
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Wiki admin (talk | contribs) (Created page with " == Definition == <b>Current Interest Rate</b>.: The rate of interest in effect for the periodic installment due. == Notes == For a mortgage loan that has been modified, this...") |
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== Definition == | == Definition == | ||
| − | <b>Current Interest Rate</b> | + | <b>Current Interest Rate</b>: The rate of interest in effect for the periodic installment due. |
== Notes == | == Notes == | ||
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== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 9 | * FM SFLP Field Index: 9 | ||
| + | * Column Label: CURR_RATE | ||
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(2).999 | * Data Maximum Length: 9(2).999 | ||
Revision as of 15:14, 17 January 2023
Definition
Current Interest Rate: The rate of interest in effect for the periodic installment due.
Notes
For a mortgage loan that has been modified, this value will be updated to reflect the modified terms, if applicable..
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 9
- Column Label: CURR_RATE
- Data Type: NUMERIC
- Data Maximum Length: 9(2).999
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
