| EXTENSION | |
| HELOCMaximumBalanceAmount | The maximum dollar amount of credit available to the borrower on a Home Equity Line of Credit (HELOC) regardless of whether the borrower has accessed the amount.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated )
It SHOULD be able to contain at least 18 digits.
EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12". |
| IntegratedDisclosureSectionType | A value from a MISMO prescribed list that represents the title or description of a primary section of an integrated disclosure document.A value from a MISMO prescribed list that represents the title or description of a primary section of an integrated disclosure document. |
| IntegratedDisclosureSectionTypeOtherDescription | A free-form text field used to capture additional information when Other is selected for Integrated Disclosure Section Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided.
EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.". |
| LiabilityAccountIdentifier | A unique alphanumeric string identifying the liability.A data type of Identifier SHOULD identify a data point that provides a unique value for reference purposes and MAY have IdentifierOwnerURI and IdentifierEffectiveDate attributes.
EXAMPLE: A Loan Identifier could be expressed as "0034567891-A". |
| LiabilityDescription | A text description that further defines the Liability. This could be used to describe the job related expenses.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided.
EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.". |
| LiabilityExclusionIndicator | Indicates whether the liability is to be excluded from inclusion in calculations associated with processing the loan.A data type of Indicator SHOULD identify a data point that represents a boolean value.
The value choices SHOULD be "true" or "false" but MAY be "1" or "0".
EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true". |
| LiabilityMonthlyPaymentAmount | The dollar amount of the monthly payment required on borrower's Liability Type.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated )
It SHOULD be able to contain at least 18 digits.
EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12". |
| LiabilityPaymentIncludesTaxesInsuranceIndicator | When true, indicates that the mortgage liability payment includes taxes and/or insurance in addition to principal and interest.A data type of Indicator SHOULD identify a data point that represents a boolean value.
The value choices SHOULD be "true" or "false" but MAY be "1" or "0".
EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true". |
| LiabilityPayoffStatusIndicator | When true, indicates that the liability will be paid off at or before closing.A data type of Indicator SHOULD identify a data point that represents a boolean value.
The value choices SHOULD be "true" or "false" but MAY be "1" or "0".
EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true". |
| LiabilityPayoffWithCurrentAssetsIndicator | Indicates a liability is to be paid using borrower's current assets, prior to closing, and not out of cash from closing.A data type of Indicator SHOULD identify a data point that represents a boolean value.
The value choices SHOULD be "true" or "false" but MAY be "1" or "0".
EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true". |
| LiabilityRemainingTermMonthsCount | The number of months the borrower must make payments in order to satisfy the identified liability. Collected on the URLA in Section VI (Liabilities - Mos. Left to Pay).A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| LiabilitySecuredBySubjectPropertyIndicator | When true, indicates the specified liability is secured by the subject property.A data type of Indicator SHOULD identify a data point that represents a boolean value.
The value choices SHOULD be "true" or "false" but MAY be "1" or "0".
EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true". |
| LiabilityType | A value from a MISMO prescribed list that represents a financial obligation of an individual or entity. In a mortgage transaction, these are typically related to one or more borrowers.A value from a MISMO prescribed list that represents a financial obligation of an individual or entity. In a mortgage transaction, these are typically related to one or more borrowers. |
| LiabilityTypeOtherDescription | Specifies the other liability type when Other is selected.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided.
EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.". |
| LiabilityUnpaidBalanceAmount | The amount of the outstanding balance for a Liability Type.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated )
It SHOULD be able to contain at least 18 digits.
EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12". |
| MortgageType | A value from a MISMO prescribed list that specifies the private or public sector entity under whose guidelines the mortgage is originated.A value from a MISMO prescribed list that specifies the private or public sector entity under whose guidelines the mortgage is originated. |
| MortgageTypeOtherDescription | A free-form text field used to collect additional information or a description of the mortgage type when Other is selected.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided.
EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.". |
| SubjectLoanResubordinationIndicator | Indicates whether the liability will be re-subordinated to the subject loan after closing.A data type of Indicator SHOULD identify a data point that represents a boolean value.
The value choices SHOULD be "true" or "false" but MAY be "1" or "0".
EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true". |