BUY Loan Buydown

Opt
AtMax 1

To describe the features of a loan buydown

Elements

PositionElementNameTypeMin/MaxRepeat
1
1084
Loan Buydown Type CodeMandatoryID1/1Exact 1
2
1091
Buydown Source CodeMandatoryID1/1Exact 1
3
782
Monetary AmountOptDecimal1/18Exact 1
4
954
PercentOptDecimal1/10Exact 1
5
954
PercentOptDecimal1/10Exact 1

Element Details

ID1084
NameLoan Buydown Type Code
LengthMin 1 / Max 1
Position1
RequirementMandatory
Codes
  • <>P
    Permanent
  • <>T
    Temporary