MI_PREMIUM_DETAIL

Description
Additional information specific to a particular premium of a mortgage insurance policy.

Type : MI_PREMIUM_DETAIL

Definition
Additional information specific to a particular premium of a mortgage insurance policy.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Elements
EXTENSION
MIPremiumAnnualPaymentAmountAn annualized amount for the mortgage insurance premium.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".
MIPremiumCalculationTypeMethod by which new PMI premium is calculated.Method by which new PMI premium is calculated.
MIPremiumCalculationTypeOtherDescriptionA free-form text field used to collect additional information when Other is selected for MI Premium Calculation Type Other Description.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.".
MIPremiumMonthlyPaymentAmountMonthly payment amount for the mortgage insurance premium.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".
MIPremiumMonthlyPaymentRoundingTypeThe rounding method applied to the monthly payment amount.The rounding method applied to the monthly payment amount.
MIPremiumMonthlyPaymentRoundingTypeOtherDescriptionA free-form text filed used to collect additional information when Other is selected for MI Premium Monthly Payment Rounding 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.".
MIPremiumPeriodTypeDefines the type of premium being paid during different stages of the mortgage insurance policy.Defines the type of premium being paid during different stages of the mortgage insurance policy.
MIPremiumPeriodTypeOtherDescriptionA free-form text filed used to collect additional information when Other is selected for MI Premium Period 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.".
MIPremiumRateDurationMonthsCountThe number of months for which a given occurrence of a MI premium rate applies.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".
MIPremiumRatePercentRate percent used to calculate the premium amount.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".
MIPremiumSequenceTypeSpecifies the order in which the MI premium rate and amount applies.Specifies the order in which the MI premium rate and amount applies.
MIPremiumUpfrontPercentReflects the actual up-front MI Premium percent associated with the plan.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".

Attributes
label

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LOANS\LOAN\MI_DATA\MI_PREMIUMS\MI_PREMIUM