Difference between revisions of "FM SFLP.Original Interest Rate"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Original Interest Rate</b>: The original interest rate on a mortgage loan as identified in the original mortgage note.
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<b>Original Interest Rate</b>: The original [[Interest Rate]] on a [[Mortgage Loan]] as identified in the original mortgage note.
  
 
== Notes ==
 
== Notes ==

Latest revision as of 18:22, 11 March 2023

Definition

Original Interest Rate: The original Interest Rate on a Mortgage Loan as identified in the original mortgage note.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 8
  • Column Label: ORIG_RATE
  • Data Type: NUMERIC
  • Data Maximum Length: 9(2).999

Disclaimer

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