1083 Type of Downpayment Code
Code identifying the source or nature of funds paid.
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
Code | Description |
---|
01 | Cash-Borrowed |
02 | Cash |
03 | Equity from Pending Sale of Property |
04 | Cash-Gift |
05 | Non-Cash |
06 | Sweat Equity |
07 | Trade Equity |
09 | Secondary Financing Secured by Same Property |
10 | Lot Equity |
11 | Lease Payments |
12 | Pledged Collateral |
13 | Other Type of Down Payment |
14 | Sale of Chattel |
ZZ | Mutually Defined |