547 Interest Type Code

Code identifying the type of interest

Identifier (ID)
Min 1 / Max 2
ADefault Interest Rate
BDefault Note Holder's Rate
CCurrent Note Rate
Registered, transferable securities which are valid and binding obligations issued in accordance with the provision of the National Housing Act, Section 203
ECurrent Pass Through Rate
FSecurity or Pass Through Rate
GSecurity or Pass Through Rate Floor
HSecurity or Pass Through Rate Ceiling
JWeighted Average Note Rate
KServicing Fee
LLender Paid Mortgage Insurance Portion
MMortgage 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
NGuarantee Fee Per Contract
POriginal Annual Interest Rate
QOriginal Index Value
RMortgage Interest Rate
SSecurity or Pass Through Margin
TNew Interest Rate
ULast Adjustable Rate Mortgage (ARM) Rate
WWeighted Average Interest Rate
XAccounting Net Yield Rate

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