| Attribute/Logical Rolename |
Domain |
Datatype |
NULL |
Definition |
| ConstructionImprovementCostsAmount |
MISMOAmount |
DECIMAL(0, 2) |
NO |
The total dollar amount of additions to raw land that normally increase its value (i.e., the building) as part of a construction loan. Collected on the URLA in Section II (Construction Loan - Cost of Improvements.) |
| ConstructionLoanType |
ConstructionLoanEnum |
VARCHAR(0) |
YES |
Specifies the specific type of construction loan.
|
| ConstructionPeriodInterestRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The interest rate to be used for calculations during construction period. |
| ConstructionPeriodNumberOfMonthsCount |
MISMOCount |
INTEGER |
NO |
The length of the construction period expressed in number of months. |
| ConstructionPhaseInterestPaymentFrequencyType |
ConstructionPhaseInterestPaymentFrequencyEnum |
VARCHAR(0) |
YES |
How frequently interest payments are due during the construction phase.
|
| ConstructionPhaseInterestPaymentFrequencyTypeOtherDescription |
MISMOString |
VARCHAR(0) |
NO |
A free-form text field used to describe the construction phase interest payment frequency iif Other is selected as the Construction Phase Interest Payment Frequency Type. |
| ConstructionPhaseInterestPaymentMethodType |
ConstructionPhaseInterestPaymentMethodEnum |
VARCHAR(0) |
YES |
How are the construction phase interest payments paid.
|
| ConstructionPhaseInterestPaymentMethodTypeOtherDescription |
MISMOString |
VARCHAR(0) |
NO |
A free-form text field used to describe the construction phase interest payment method iif Other is selected as the Construction Phase Interest Payment Method Type. |
| ConstructionPhaseInterestPaymentType |
ConstructionPhaseInterestPaymentEnum |
VARCHAR(0) |
YES |
Represents whether interest is payable periodically or at the end of construction.
|
| ConstructionPhaseInterestPaymentTypeOtherDescription |
MISMOString |
VARCHAR(0) |
NO |
A free-form text field used to describe the construction phase interest payment iif Other is selected as the Construction Phase Interest Payment Type. |
| ConstructionToPermanentClosingFeatureType |
ConstructionToPermanentClosingFeatureEnum |
VARCHAR(0) |
YES |
Specifies the type of feature associated with closing for the Construction To Permanent loan.
|
| ConstructionToPermanentClosingFeatureTypeOtherDescription |
MISMOString |
VARCHAR(0) |
NO |
A free form text field used to collect additional information when Other is selected for Construction To Permanent Closing Feature Type. |
| ConstructionToPermanentClosingType |
ConstructionToPermanentClosingEnum |
VARCHAR(0) |
YES |
Specifies the type of closing for the Construction to Permanent loan.
|
| ConstructionToPermanentClosingTypeOtherDescription |
MISMOString |
VARCHAR(0) |
NO |
A free form text field used to collect additional information when Other is selected for Construction To Permanent Closing Type. |
| ConstructionToPermanentFirstPaymentDueDate |
MISMODate |
DATE |
NO |
The due date of the first payment of the permanent mortgage phase of a construction to permanent loan. |
| ConstructionToPermanentRecertificationDate |
MISMODate |
DATE |
NO |
The date when the value of the property is reconfirmed or re-established upon completion of the construction as part of the conversion to permanent financing. |
| ConstructionToPermanentRecertificationValueAmount |
MISMOAmount |
DECIMAL(0, 2) |
NO |
The reconfirmed or re-established property value upon completion of the construction as part of the conversion to permanent financing. |
| LandAppraisedValueAmount |
MISMOAmount |
DECIMAL(0, 2) |
NO |
The value of the land as stated in the appraisal. |
| LandEstimatedValueAmount |
MISMOAmount |
DECIMAL(0, 2) |
NO |
This is the estimated present value of the land at the time of the loan application. It assumes that the valuation comes from the borrower, lender, or someone other than a professional appraiser. This value is used for construction loans. |
| LandOriginalCostAmount |
MISMOAmount |
DECIMAL(0, 2) |
NO |
The original cost of acquiring the land on which the home will be built. This is used for purchase, construction and refinance loans. |