BUY Loan Buydown

Opt
AtMax 1

To describe the features of a loan buydown

Elements

PositionElementNameTypeMin/MaxRepeat
1
1084
Loan Buydown Type CodeMandatoryID1/1AtMax 1
2
1091
Source of Funds CodeMandatoryID1/1AtMax 1
3
782
Monetary AmountOptDecimal1/18AtMax 1
4
954
Percentage as DecimalOptDecimal1/10AtMax 1
5
954
Percentage as DecimalOptDecimal1/10AtMax 1

Element Details

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