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 Source |
| 14 | Sale of Chattel |
| 27 | Grant |
| 28 | Proceeds of Loan Fully Secured by Borrower's Own Assets |
| 29 | Grant From Non-Profit Organization |
| 30 | Grant From Federal Government |
| 31 | Grant From State Government Organization |
| 32 | Grant From Local Government |
| 33 | Grant From Employer |
| 34 | Borrower's Own Funds |
| 35 | Unsecured Loan |
| 36 | Property Seller Contribution |
| 37 | Builder |
| 38 | Lender |
| 41 | Gift From Relative |
| 42 | Other Financial Institution |
| 43 | Not Applicable |
| 44 | Premium Pricing |
| ZZ | Mutually Defined |