1081 Loan Purpose Code

Code identifying the reason the loan is needed

Identifier (ID)
Min 2 / Max 2
01Purchase Existing Home Previously Occupied
02Purchase Existing Home Not Previously Occupied
03Finance Improvement to Existing Property
04Construct Home
06Purchase New Condominium Unit
07Purchase Existing Condominium Unit
08Finance Co-Operative Purchase
09Manufactured Home
10Manufactured Home and Lot
11Manufactured Home and To Buy Lot
12Manufactured Home and Lot Loan Refinanced
13Construct New Home and Convert to Permanent
14Purchase Unimproved Land
15Other Loan Purpose
16Purchase, Purpose Unidentified
17Single Family
18Multifamily Construction
19Multifamily Project
20Single Family Serial Note
ALAuto Lease
CCCharge Cards
COCharged Off
CTCamper or Trailer
FMFirst Mortgage Real Estate
MHMobile Home
REReal Estate
RVRecreation Vehicle
SLStudent Loan
SMSecond Mortgage Real Estate
SOSharedraft Overdraft

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