EDI
API DocsTerminal

LN Loan Information

To specify information about the loan

Sequence
Element
Name
Type
Requirement
Min
Max
Repeat
01
127
Reference Identification
String (AN)
Mandatory
1
80
1
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
LN01 is the loan number.
02
Monetary Amount
Decimal number (R)
Mandatory
1
18
1
Monetary amount
LN02 is the account balance.
03
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
1
Code indicating the date format, time format, or date and time format
P0304: If either LN-03 or LN-04 is present, then the other is required
Codes (42)
04
Date Time Period
String (AN)
Conditional
1
35
1
Expression of a date, a time, or range of dates, times or dates and times
LN04 is the date of the loan.
05
Frequency Code
Identifier (ID)
Conditional
1
1
1
Code indicating frequency or type of activities or actions being reported
P0506: If either LN-05 or LN-06 is present, then the other is required
LN05 is the payment frequency.
Codes (23)
06
Monetary Amount
Decimal number (R)
Conditional
1
18
1
Monetary amount
LN06 is the payment amount.
07
Percentage as Decimal
Decimal number (R)
Optional
1
10
1
Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)
LN07 is the interest rate of the loan.
08
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
LN08 designates whether this is an open or closed end loan. A "Y" designates an open end loan; an "N" designates a closed end loan.
Codes (9)
09
Loan Purpose Code
Identifier (ID)
Optional
2
2
1
Code identifying the reason the loan is needed
Codes (45)
10
Loan Payment Type Code
Identifier (ID)
Optional
2
2
1
Code identifying the nature of loan payment
Codes (31)
11
Loan Rate Type Code
Identifier (ID)
Optional
1
1
1
Code indicating the characteristics of the loan rate
Codes (7)

Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.

Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.