Difference between revisions of "FM SFLP.Property Type"

From Open Risk Manual
(Created page with " == Definition == <b>Property Type</b>.: An indicator that denotes whether the property type secured by the mortgage loan is a condominium, co-operative, planned urban develop...")
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
  
 
== Definition ==
 
== Definition ==
<b>Property Type</b>.: An indicator that denotes whether the property type secured by the mortgage loan is a condominium, co-operative, planned urban development (PUD), manufactured home, or single-family home.
+
<b>Property Type</b>: An indicator that denotes whether the property type secured by the mortgage loan is a condominium, co-operative, planned urban development (PUD), manufactured home, or single-family home.
  
 
== Notes ==
 
== Notes ==
CO = condominium
+
* CO = condominium
CP = co-operative
+
* CP = co-operative
PU = Planned Urban Development
+
* PU = Planned Urban Development
MH = manufactured home
+
* MH = manufactured home
SF = single-family home.
+
* SF = single-family home.
 +
 
  
 
The field belongs to the [[FM SFLP Template]]
 
The field belongs to the [[FM SFLP Template]]
Line 14: Line 15:
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 28
 
* FM SFLP Field Index: 28
 +
* Column Label: PROP
 
* Data Type: Choice
 
* Data Type: Choice
 
* Data Maximum Length: X(2)
 
* Data Maximum Length: X(2)

Revision as of 17:30, 17 January 2023

Definition

Property Type: An indicator that denotes whether the property type secured by the mortgage loan is a condominium, co-operative, planned urban development (PUD), manufactured home, or single-family home.

Notes

  • CO = condominium
  • CP = co-operative
  • PU = Planned Urban Development
  • MH = manufactured home
  • SF = single-family home.


The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 28
  • Column Label: PROP
  • Data Type: Choice
  • Data Maximum Length: X(2)

Disclaimer

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