AmortizationType | A classification or description of a loan or a group of loans generally based on the changeability of the rate or payment over time.A classification or description of a loan or a group of loans generally based on the changeability of the rate or payment over time. |
AmortizationTypeOtherDescription | A free-form text field used to collect additional information or a description of the amortization 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.". |
EXTENSION | |
LoanAmortizationMaximumTermMonthsCount | The maximum number of months over which an extendable mortgage may be amortized.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". |
LoanAmortizationPeriodCount | The number periods (as defined by the Loan Amortization Period Type) over which the scheduled loan payments of principal and/or interest are calculated to retire the obligation.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". |
LoanAmortizationPeriodType | The duration of time used to define the period over which the loan is amortized.The duration of time used to define the period over which the loan is amortized. |