_Type
Type : CLOSING_LoanPurposeTypeEnumerated
Value Description
ConstructionOnlyA short term, interim loan for financing the cost of construction. The lender advances funds to the builder at periodic intervals as work progresses.
ConstructionToPermanentThe subject loan will be used for construction financing and then be converted to permanent financing.
Other
PurchaseA loan made in association with the original purchase of a piece of property.
RefinanceThe repayment of a debt from proceeds of a new loan using the same property as security or a mortgage secured by a property previously owned free and clear by the Borrower.
UnknownLoan Purpose has not been reported or is not known.

Definition
AUS 2.3 Mark valid values ConstructionOnly and ConstructionToPermanent for deprecation in future non-backwardly compatible release #DOCUMENTATION:02B-030 Enumerated Added enumeration in AUS 2.4.

Parents
\LOAN\_APPLICATION\BORROWER\_ALIAS
\LOAN\_CLOSING_DOCUMENTS\TRUST\GRANTOR\_ALIAS
\LOAN\_CLOSING_DOCUMENTS\RECORDABLE_DOCUMENT\_ASSOCIATED_DOCUMENT
\LOAN\_APPLICATION\PROPERTY\_CATEGORY
\LOAN\_APPLICATION\BORROWER\DECLARATION\_EXPLANATION
\LOAN\_APPLICATION\PROPERTY\_LEGAL_DESCRIPTION
\LOAN\_CLOSING_DOCUMENTS\RECORDABLE_DOCUMENT\NOTARY\_CERTIFICATE\_SIGNER_IDENTIFICATION
\LOAN\_CLOSING_DOCUMENTS\RESPA_SUMMARY\_TOTAL_FEES_PAID_BY
\LOAN\_CLOSING_DOCUMENTS\RESPA_SUMMARY\_TOTAL_FEES_PAID_TO
\LOAN\_CLOSING_DOCUMENTS\ALLONGE_TO_NOTE
\LOAN\_APPLICATION\ASSET
\LOAN\_CLOSING_DOCUMENTS\CLOSING_AGENT
\LOAN\_CLOSING_DOCUMENTS\COMPENSATION
\LOAN\_APPLICATION\ESCROW\_PAID_TO\CONTACT_DETAIL\CONTACT_POINT
\LOAN\_APPLICATION\DOWN_PAYMENT
\LOAN\_APPLICATION\BORROWER\GOVERNMENT_MONITORING\HMDA_RACE
\LOAN\_APPLICATION\LOAN_PRODUCT_DATA\LOAN_FEATURES\LATE_CHARGE
\LOAN\_APPLICATION\LIABILITY
\LOAN\_APPLICATION\LOAN_PURPOSE
\LOAN\_CLOSING_DOCUMENTS\LOSS_PAYEE
\LOAN\_APPLICATION\ADDITIONAL_CASE_DATA\MORTGAGE_SCORE
\LOAN\_APPLICATION\PROPERTY\PLATTED_LAND
\LOAN\_APPLICATION\TRANSACTION_DETAIL\PURCHASE_CREDIT
\LOAN\_CLOSING_DOCUMENTS\RECORDABLE_DOCUMENT
\LOAN\_CLOSING_DOCUMENTS\INVESTOR\REGULATORY_AGENCY
\LOAN\_APPLICATION\RESPA_FEE
\LOAN\_CLOSING_DOCUMENTS\SERVICER
\LOAN\_CLOSING_DOCUMENTS\RECORDABLE_DOCUMENT\TRUSTEE