Segment
X12 EDI Release 00504
To identify the loan underwriting codes
Elements
Code identifying the reason the loan is needed
Codes (45)- 10Manufactured Home and Lot
- 11Manufactured Home and To Buy Lot
- 12Manufactured Home and Lot Loan Refinanced
- 13Construct New Home and Convert to Permanent
- 14Purchase Unimproved Land
- 15Other Loan Purpose
- 16Purchase, Purpose Unidentified
- 17Single Family
- 18Multifamily Construction
- 19Multifamily Project
- 20Single Family Serial Note
- 21All Terrain Vehicle
- 22Dirt Bike
- 23Farm Equipment
- 24Jet Ski
- 25Truck
- 26Motorcycle
- 27Snowmobile
- 28Home Equity
- 30Purchase Money Mortgage
- 31Additional Financing
- 01Purchase Existing Home Previously Occupied
- 02Purchase Existing Home Not Previously Occupied
- 03Finance Improvement to Existing Property
- 04Construct Home
- 05Refinance
- 06Purchase New Condominium Unit
- 07Purchase Existing Condominium Unit
- 08Finance Co-Operative Purchase
- 09Manufactured Home
- ALAuto Lease
- ARAirplane
- AUAutomobile
- BOBoat
- CCCharge Cards
- COCharged Off
- CTCamper or Trailer
- FMFirst Mortgage Real Estate
- MHMobile Home
- PEPersonal
- REReal Estate
- RVRecreation Vehicle
- SLStudent Loan
- SMSecond Mortgage Real Estate
- SOSharedraft Overdraft
Code specifying where responsibility for risk of loss passes
Codes (9)- BYRisk of Loss in Transit to Destination is Buyer's
- FERisk of Loss in Transit to Freight Equalization Point is Seller's
- IMShared Risk and Investor Markets
- IRInvestor Risk
- LRLender Risk
- PPRisk of Loss in Transit to Pool Point is Seller's
- SERisk of Loss in Transit to Destination is Seller's
- SRShared Risk and Lender Markets
- ZZMutually Defined