547 Interest Type Code

Code identifying the type of interest

Type

Identifier (ID)

Length

Min 1 / Max 2

Codes

Code	Description
A	Default Interest Rate
B	Default Note Holder's Rate
C	Current Note Rate
D	Debenture Registered, transferable securities which are valid and binding obligations issued in accordance with the provision of the National Housing Act, Section 203
E	Current Pass Through Rate
F	Security or Pass Through Rate
G	Security or Pass Through Rate Floor
H	Security or Pass Through Rate Ceiling
J	Weighted Average Note Rate
K	Servicing Fee
L	Lender Paid Mortgage Insurance Portion
M	Mortgage Note A credit instrument (note) as is commonly given to secure advances on, or the unpaid purchase price of, real estate under the laws of the jurisdiction where the property is located
N	Guarantee Fee Per Contract
P	Original Annual Interest Rate
Q	Original Index Value
R	Mortgage Interest Rate
S	Security or Pass Through Margin
T	New Interest Rate
U	Last Adjustable Rate Mortgage (ARM) Rate
W	Weighted Average Interest Rate
X	Accounting Net Yield Rate