Difference between revisions of "FM SFLP.High Balance Loan Indicator"
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== Definition == | == Definition == | ||
| − | <b>High Balance Loan Indicator</b>: An indicator that denotes if the original principal balance of a | + | <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 == | ||
Latest revision as of 13:32, 13 March 2023
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
- Y = Yes
- N = No.
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 87
- Column Label: HIGH_BALANCE_LOAN_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
