_Rate |
Description |
Used on Attribute Tag Type Suffixes: AcreageNumber, Count, Days, Months, Percent, PeriodNumber, Term, Units, Years, YearsOnJob |
Type : CLOSING_MISMONumeric |
Definition |
The percentage that a borrower is required to pay for failure to make a regular installment within the period specified on the note. This is the amount specified by the late charge code and is used when the late charge is not a flat dollar. |
Parents |
\LOAN\_APPLICATION\LOAN_PRODUCT_DATA\LOAN_FEATURES\LATE_CHARGE
\LOAN\_APPLICATION\MI_DATA\MI_RENEWAL_PREMIUM |