1082 Use of Proceeds Code

Code specifying how proceeds will be used or why they are being requested

Batch

Element Details

Type ID

LengthMin 2 / Max 2

Codes

<>07
Increase Rate
<>25
Rate or Term Refinance with Cash Out
<>13
Change in Loan Type
<>14
Other Purpose
<>22
Combined Construction and Permanent
<>ZZ
Mutually Defined
<>12
Debt Consolidation
<>17
Reduce Rate
<>01
Cash
<>23
Increase Term
<>18
Equity Takeout
<>04
Home Improvement
<>16
Purchase
<>20
Construction to Permanent
<>02
Change in Rate or Term or Both
<>05
Education
<>08
Reduce Term
<>21
Construction
<>24
Balloon Satisfaction
<>06
Medical
<>09
Adjustable Rate to Fixed Rate