Difference between revisions of "FM SFLP.Interest Only Loan Indicator"
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== Definition == | == Definition == | ||
| − | <b>Interest Only Loan Indicator</b> | + | <b>Interest Only Loan Indicator</b>: An indicator that denotes whether the loan only requires interest payments for a specified period of time beginning with the first payment date. |
== Notes == | == Notes == | ||
| Line 10: | Line 10: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 37 | * FM SFLP Field Index: 37 | ||
| + | * Column Label: IO | ||
* Data Type: Boolean | * Data Type: Boolean | ||
* Data Maximum Length: X(1) | * Data Maximum Length: X(1) | ||
Revision as of 15:14, 17 January 2023
Definition
Interest Only Loan Indicator: An indicator that denotes whether the loan only requires interest payments for a specified period of time beginning with the first payment date.
Notes
Y = Yes; N = No.
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 37
- Column Label: IO
- 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
