LUC Loan Underwriting

Batch

To identify the loan underwriting codes

Elements

PositionElementNameTypeMin/MaxRepeat
11103Loan Documentation Type CodeMandatoryID1/11
21081Loan Purpose CodeMandatoryID2/21
C048Composite Use of ProceedsOpt
1
454Risk of Loss CodeOptID2/21

Element Details

ID1103
NameLoan Documentation Type Code
LengthMin 1 / Max 1
Position1
RequirementMandatory
Codes
  • <>G
    No Deposit, Employment, or Income Verification
  • <>A
    Alternative
  • <>D
    No Deposit Verification
  • <>B
    Streamlined Refinance
  • <>R
    Reduced
  • <>E
    No Employment or Income Verification
  • <>C
    No Document
  • <>F
    Full