BorrowerEstimatedTotalMonthlyLiabilityPayment | The borrower monthly liability amount used by the lender to qualify the borrower for the loan. |
CollectionsJudgmentsAndLiens | Lien upon the property of a debtor resulting from a decree of the court. |
DeferredStudentLoan | A student loan whose repayment is deferred. |
DelinquentTaxes | Amount of local, state or federal taxes that are past due and not paid |
FirstPositionMortgageLien | The amount of any mortgage loan secured in first lien position. |
Garnishments | A notice to an employer or other asset holder that monies, wages, or property of a debtor must be applied to a specific debt or creditor. |
HELOC | A mortgage loan, which is usually in a subordinate position, that allows the borrower to obtain multiple advances of the loan proceeds at his or her own discretion, up to a specified amount. |
HomeownersAssociationLien | |
Installment | Borrowed money repaid in several successive payments, usually at regular intervals, for a specific amount and a specified term. |
LeasePayment | Regular payment amount specified by long-term contract for the use of an asset. |
MonetaryJudgment | An obligation to pay a certain amount established by a decree of a court with the appropriate jurisdiction as a judgment against a certain party. |
MortgageLoan | A closed ended lien secured against a property that may be in a first or subordinate lien position. |
Open30DayChargeAccount | An account where the borrower can charge debt as needed. The full balance is normally repaid on a monthly basis. |
Other | Used in conjunction with a textual description of other types of liabilities. |
PersonalLoan | A loan granted for personal or household use. Loans may be unsecured or secured by the item purchased. |
Revolving | Open lines of credit, which are subject to variable payments and interest in accordance with the balance. |
SecondPositionMortgageLien | Lien recorded to secure a second mortgage when a first mortgage lien already exists. |
Taxes | Taxes levied on borrowers income by local, state, or US Government. |
TaxLien | A lien secured against the subject property due to non-payment of taxes imposed by a government body, typically the Internal Revenue Service or a state or local taxing authority. |
ThirdPositionMortgageLien | Lien recorded to secure a third mortgage when a first and second mortgage liens already exist. |
UnsecuredHomeImprovementLoanInstallment | |
UnsecuredHomeImprovementLoanRevolving | |