Zenbridge
EDI Dictionary

1085Loan Payment Type Code

Batch

Code identifying the nature of loan payment

Element Details

Type ID
LengthMin 2 / Max 2
Codes
  • <>15
    Tiered
  • <>07
    Interest Only with Balloon
  • <>25
    Seven-year Balloon
  • <>28
    Balloon
  • <>13
    Other Loan Payment Type
  • <>14
    Step Rate
  • <>22
    Non-level
  • <>19
    Shared Appreciation
  • <>29
    Single
  • <>12
    Fixed Payment With Buydown
  • <>30
    Fixed Principal Payment
  • <>17
    Reverse Annuity
  • <>01
    Adjustable Payment Based on Index
  • <>23
    Biweekly
  • <>18
    Reverse Installment Buydown
  • <>04
    Growing Equity Mortgage (GEM)
  • <>26
    Regular Reducing
  • <>16
    Renegotiated Rate
  • <>20
    Second Mortgage
  • <>02
    Fixed Payment with Balloon Option
  • <>27
    Skip
  • <>05
    Fixed Payment
  • <>08
    Graduated Payment Adjustable Rate Mortgage
  • <>11
    Collateral Pledge Graduated Payment Mortgage
  • <>03
    Pledged
  • <>21
    Interest Only
  • <>24
    Five-year Balloon
  • <>06
    Graduated Payment Mortgage (GPM)
  • <>10
    Wraparound Mortgage
  • <>32
    Start Up Mortgage
  • <>09
    Extended Term