Difference between revisions of "FM SFLP.Remaining Months To Maturity"
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== Definition == | == Definition == | ||
| − | <b>Remaining Months To Maturity</b> | + | <b>Remaining Months To Maturity</b>: The number of calendar months remaining until the outstanding unpaid principal balance of the mortgage loan amortizes to a zero balance, taking into account any additional prepayments, which could lead to the loan paying off earlier than its maturity date. |
== Notes == | == Notes == | ||
| Line 10: | Line 10: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 18 | * FM SFLP Field Index: 18 | ||
| + | * Column Label: ADJ_REM_MONTHS | ||
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(3) | * Data Maximum Length: 9(3) | ||
Latest revision as of 15:14, 17 January 2023
Definition
Remaining Months To Maturity: The number of calendar months remaining until the outstanding unpaid principal balance of the mortgage loan amortizes to a zero balance, taking into account any additional prepayments, which could lead to the loan paying off earlier than its maturity date.
Notes
This field will be left blank for mortgage loans that have been modified. .
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 18
- Column Label: ADJ_REM_MONTHS
- 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
