| ConstructionImprovementCostsAmount | The total cost amount of additions to raw land that normally increase its value (i.e., the building) as part of a construction loan.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". |
| ConstructionLoanEstimatedInterestCalculationMethodType | The basis for calculating the amount of estimated interest on the construction loan.The basis for calculating the amount of estimated interest on the construction loan. |
| ConstructionLoanInterestReserveAmount | The reserve amount required by the lender to pay interest on advance amount used for construction.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". |
| ConstructionLoanTotalTermMonthsCount | The total term of a construction loan, including the construction phase plus the fully amortizing phase.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". |
| ConstructionLoanType | Specifies the specific type of construction loan.Specifies the specific type of construction loan. |
| ConstructionPeriodInterestRatePercent | The interest rate to be used for calculations during construction period.A data type of Percent SHOULD identify a number value that is in the subset of real numbers expressible by decimal numerals and represents a value that is scaled upward by 100 so that 1/100 is represented by 1. It MAY contain a single decimal point as punctuation. 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: A Tax Rate Percent for a rate of .055 be expressed as "5.5". |
| ConstructionPeriodNumberOfMonthsCount | The length of the construction period expressed in number of months.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". |
| ConstructionPhaseInterestPaymentFrequencyType | How frequently interest payments are due during the construction phase.How frequently interest payments are due during the construction phase. |
| ConstructionPhaseInterestPaymentFrequencyTypeOtherDescription | A free-form text field used to describe the construction phase interest payment frequency if Other is selected as the Construction Phase Interest Payment Frequency 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.". |
| ConstructionPhaseInterestPaymentMethodType | How are the construction phase interest payments paid.How are the construction phase interest payments paid. |
| ConstructionPhaseInterestPaymentMethodTypeOtherDescription | A free-form text field used to describe the construction phase interest payment method if Other is selected as the Construction Phase Interest Payment Method 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.". |
| ConstructionPhaseInterestPaymentType | Represents whether interest is payable periodically or at the end of construction.Represents whether interest is payable periodically or at the end of construction. |
| ConstructionPhaseInterestPaymentTypeOtherDescription | A free-form text field used to describe the construction phase interest payment if Other is selected as the Construction Phase Interest Payment 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.". |
| ConstructionToPermanentClosingFeatureType | Specifies the type of feature associated with closing for the Construction To Permanent loan.Specifies the type of feature associated with closing for the Construction To Permanent loan. |
| ConstructionToPermanentClosingFeatureTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Construction To Permanent Closing Feature 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.". |
| ConstructionToPermanentClosingType | A value from a MISMO prescribed list that specifies the type of closing process for the construction-to-permanent loan.A value from a MISMO prescribed list that specifies the type of closing process for the construction-to-permanent loan. |
| ConstructionToPermanentClosingTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Construction To Permanent Closing 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.". |
| ConstructionToPermanentFirstPaymentDueDate | The due date of the first payment of the permanent mortgage phase of a construction to permanent loan.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar.
Full dates MUST be represented in the extended format CCYY-MM-DD
CCYY is a four-digit year, "0001" through "9999"
MM is a two-digit month of that year, "01" through "12"
DD is a two-digit day of that month, "01" through "31"
Padded zeros must be used.
- is the required separator between CCYY-MM-DD
if the day or month and day are dropped, the preceding separator is also dropped
an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime
Note that negative or extended (more than 4 digit) years are not permitted.
EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06". |
| ConstructionToPermanentRecertificationDate | The date when the value of the property is reconfirmed or re-established upon completion of the construction as part of the conversion to permanent financing.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar.
Full dates MUST be represented in the extended format CCYY-MM-DD
CCYY is a four-digit year, "0001" through "9999"
MM is a two-digit month of that year, "01" through "12"
DD is a two-digit day of that month, "01" through "31"
Padded zeros must be used.
- is the required separator between CCYY-MM-DD
if the day or month and day are dropped, the preceding separator is also dropped
an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime
Note that negative or extended (more than 4 digit) years are not permitted.
EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06". |
| ConstructionToPermanentRecertificationValueAmount | The reconfirmed or re-established property value upon completion of the construction as part of the conversion to permanent financing.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". |
| EXTENSION | |
| LandAppraisedValueAmount | The value of the land as stated in the appraisal.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". |
| LandEstimatedValueAmount | This is the estimated present value of the land at the time of the loan application. It assumes that the valuation comes from the borrower, lender, or someone other than a professional appraiser. This value is used for construction loans.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". |
| LandOriginalCostAmount | The original cost of acquiring the land on which the home will be built. This is used for purchase, construction and refinance loans.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". |