Difference between revisions of "FM SFLP.Original Loan Term"
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== Definition == | == Definition == | ||
| − | <b>Original Loan Term</b> | + | <b>Original Loan Term</b>: For fixed-rate, adjustable-rate and Interest-only mortgages, the number of months in which regularly scheduled borrower payments are due at the time the loan was originated. |
== Notes == | == Notes == | ||
| Line 8: | Line 8: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 13 | * FM SFLP Field Index: 13 | ||
| + | * Column Label: ORIG_TERM | ||
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(3) | * Data Maximum Length: 9(3) | ||
Revision as of 15:14, 17 January 2023
Definition
Original Loan Term: For fixed-rate, adjustable-rate and Interest-only mortgages, the number of months in which regularly scheduled borrower payments are due at the time the loan was originated.
Notes
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 13
- Column Label: ORIG_TERM
- Data Type: NUMERIC
- Data Maximum Length: 9(3)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
