Difference between revisions of "FM SFLP.Mortgage Insurance Type"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Mortgage Insurance Type</b>: The entity that is responsible for the Mortgage Insurance premium payment.  
+
<b>Mortgage Insurance Type</b>: The entity that is responsible for the [[Mortgage Insurance]] premium payment.  
  
 
== Notes ==
 
== Notes ==
 
* 1 = Borrower Paid
 
* 1 = Borrower Paid
 
* 2 = Lender Paid
 
* 2 = Lender Paid
* 3 = Enterprise Paid *
+
* 3 = Enterprise Paid
 
* Null = No MI.
 
* Null = No MI.
  

Latest revision as of 13:28, 13 March 2023

Definition

Mortgage Insurance Type: The entity that is responsible for the Mortgage Insurance premium payment.

Notes

  • 1 = Borrower Paid
  • 2 = Lender Paid
  • 3 = Enterprise Paid
  • Null = No MI.


The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 73
  • Column Label: MI_TYPE
  • Data Type: Choice
  • 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