Difference between revisions of "FM SFLP.First Payment Date"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>First Payment Date</b>: The date of the first scheduled mortgage loan payment to be made by the borrower under the terms of the mortgage loan documents.
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<b>First Payment Date</b>: The date of the first scheduled mortgage [[Loan Payment]] to be made by the [[Borrower]] under the terms of the mortgage loan documents.
  
 
== Notes ==
 
== Notes ==

Latest revision as of 18:51, 11 March 2023

Definition

First Payment Date: The date of the first scheduled mortgage Loan Payment to be made by the Borrower under the terms of the mortgage loan documents.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 15
  • Column Label: FIRST_PAY
  • Data Type: DATE
  • Data Maximum Length: MMYYYY

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates