1552 Option Type Code
Code indicating the type of option provided
- Type
- Identifier (ID)
- Length
- Min 1 / Max 2
- Codes
Code | Description |
---|
1 | Assumability |
2 | Callability |
3 | Prepayment |
4 | Convertibility |
5 | Limited Payment |
6 | Adjustability |
7 | User-defined |
8 | Negative Amortization |
9 | Automatic Refinance |
10 | Modification |
11 | Construction Phase |
12 | Permanent Phase |
13 | Payment Frequency |
ZZ | Mutually Defined |