FM SFLP.Mortgage Insurance Percentage

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Definition

Mortgage Insurance Percentage.: The original percentage of mortgage insurance coverage obtained for an insured conventional mortgage loan and used following the occurrence of an event of default to calculate the insurance benefit, as defined by the underlying master primary insurance policy.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 34
  • Data Type: NUMERIC
  • Data Maximum Length: 9(3).99

Disclaimer

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