First (Primary)
1101 Lien Priority Code
Code identifying the rights and relationship of a loan to any other loan secured by the same property
Type
Identifier (ID)Length
Min 1 / Max 1Codes
1
2
Second
3
Third
4
Fourth
5
Unsecured
W
Wrap-Around
A refinancing technique involving the creation of a second mortgage which
includes the balance due on any existing mortgages plus the amount of the new
secondary or junior lien
Z
Mutually Defined