MCD Mortgage Closing Data
To provide details about loan settlement
MCD01 is the amount of the property sales price.
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
MCD02 is the loan closing date.
MCD03 is the amount of any purchase deposit.
C0403: If MCD-04 is present, then MCD-03 is required
MCD04 is the name of the purchase deposit holder.