FM SFLP.Property Type
From Open Risk Manual
Revision as of 15:14, 17 January 2023 by Wiki admin (talk | contribs)
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