1082 Purpose of Refinance Code
Code identifying the reason a refinance is needed
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
Code | Description |
---|
01 | Cash |
02 | Rate and/or Term Refinance |
04 | Home Improvement |
05 | Education |
06 | Medical |
11 | Debt Consolidation Refinance |
12 | Debt Consolidation |
13 | Change in Loan Type |
14 | Other Refinance Purpose |
ZZ | Mutually Defined |