Difference between revisions of "FM SFLP.High Balance Loan Indicator"
From Open Risk Manual
Wiki admin (talk | contribs) (Created page with " == Definition == <b>High Balance Loan Indicator</b>.: An indicator that denotes if the original principal balance of a mortgage loan is greater than the general conforming lo...") |
Wiki admin (talk | contribs) |
||
| (4 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
| − | |||
== Definition == | == Definition == | ||
| − | <b>High Balance Loan Indicator</b> | + | <b>High Balance Loan Indicator</b>: An indicator that denotes if the original principal balance of a [[Mortgage Loan]] is greater than the general conforming [[Loan Limit]] and up to the high-cost area loan limit. |
== Notes == | == Notes == | ||
| − | Y = Yes | + | * Valid Values: |
| − | + | ** Y = Yes | |
| − | The field belongs to the [[FM SFLP Template]] | + | ** N = No. |
| + | * The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 87 | * FM SFLP Field Index: 87 | ||
| + | * Column Label: HIGH_BALANCE_LOAN | ||
* Data Type: Boolean | * Data Type: Boolean | ||
* Data Maximum Length: X(1) | * Data Maximum Length: X(1) | ||
| + | * Temporal Classification: Acquisition | ||
| + | * Data Category: Loan | ||
| + | |||
| + | == Implementation == | ||
| + | * [https://github.com/open-risk/openNPL openNPL repository] | ||
| + | |||
| + | == Learn More == | ||
| + | * [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses] | ||
| + | |||
| + | == Discuss == | ||
| + | * [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions] | ||
| + | * [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions] | ||
== Disclaimer == | == Disclaimer == | ||
Latest revision as of 13:14, 17 May 2024
Contents
Definition
High Balance Loan Indicator: An indicator that denotes if the original principal balance of a Mortgage Loan is greater than the general conforming Loan Limit and up to the high-cost area loan limit.
Notes
- Valid Values:
- Y = Yes
- N = No.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 87
- Column Label: HIGH_BALANCE_LOAN
- Data Type: Boolean
- Data Maximum Length: X(1)
- Temporal Classification: Acquisition
- Data Category: Loan
Implementation
Learn More
Discuss
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
