1081 Loan Purpose Code
Code identifying the reason the loan is needed.
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
Code | Description |
---|
01 | Purchase Existing Home Previously Occupied |
02 | Purchase Existing Home Not Previously Occupied |
03 | Finance Improvement to Existing Property |
04 | Construct Home |
05 | Refinance |
06 | Purchase New Condominium Unit |
07 | Purchase Existing Condominium Unit |
08 | Finance Co-Operative Purchase |
09 | Manufactured Home |
10 | Manufactured Home and Lot |
11 | Manufactured Home and To Buy Lot |
12 | Manufactured Home and Lot Loan Refinanced |
13 | Construct New Home and Convert to Permanent |
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