CLOSING_BuydownContributorTypeEnumerated

Title

CLOSING_BuydownContributorTypeEnumerated

Description

No Documentation Available

Used By

\LOAN\_APPLICATION\LOAN_PRODUCT_DATA\BUYDOWN\_ContributorType ( _ContributorType )

Codes

Value Description Borrower Borrower pays lump sum cash at closing. Builder Employer Financed Buydown paid by borrower but funds are incorporated into the loan amount. LenderPremiumFinanced Funds the lender derives from an increase in the interest rate on the mortgage and the corresponding sale of the mortgage at a premium. NonparentRelative NonParentRelative Other Parent Seller Unassigned UnrelatedFriend