CommunitySecondsRepaymentEnum
Title
CommunitySecondsRepaymentEnum

Description
A value from a MISMO prescribed list that classifies the payment structure of the community second lending product associated with the loan.

Used By
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LOANS\LOAN\AFFORDABLE_LENDING\CommunitySecondsRepaymentType ( CommunitySecondsRepaymentType )

Codes
Value Description
DeferredFullyForgivenA type of community second for which the repayment of the subordinate mortgage by the mortgagee is deferred for five years or more and the debt is forgiven.
DeferredNotFullyForgivenA type of community second for which the repayment of the subordinate mortgage by the mortgagee is deferred for five years or more and the debt is not forgiven.
NonDeferredA type of community second for which the repayment of the subordinate mortgage by the mortgagee is required to begin after closing of the mortgage loan.
Other