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Segment
in
X12 Release 003040

LN1 Loan Specific Data

To provide high level information about a loan
Sequence
Element
Name
Type
Requirement
Min
Max
Repeat
01
782
Monetary Amount
Decimal number (R)
Mandatory
1
15
-
Monetary amount.
LN101 is the unpaid principal balance of the loan.
02
Lien Priority Code
Identifier (ID)
Mandatory
1
1
-
Code identifying the rights and relationship of a loan to any other loan secured by the same property.
LN102 describes the lien priority for this loan.
Codes (5)
03
Real Estate Loan Type Code
Identifier (ID)
Mandatory
1
1
-
Code identifying the loan product category.
LN103 defines the real estate loan type.
Codes (7)
04
Monetary Amount
Decimal number (R)
Optional
1
15
-
Monetary amount.
LN104 is the initial or original principal balance.
05
Percent
Decimal number (R)
Optional
1
10
-
Percentage expressed as a decimal
LN105 is the current loan note rate.
06
Percent
Decimal number (R)
Optional
1
10
-
Percentage expressed as a decimal
LN106 defines the loan to value ratio.
07
Rate/Value Qualifier
Identifier (ID)
Conditional
2
2
-
Code qualifying how to extend charges or interpret value.
P0708
LN107 is the period type for payment frequency.
Codes (120)
08
Monetary Amount
Decimal number (R)
Conditional
1
15
-
Monetary amount.
LN108 is the current periodic principal and interest payment.
09
Real Estate Loan Security Instrument Code
Identifier (ID)
Optional
1
1
-
Code indicating type of security instrument.
LN109 defines the security instrument such as mortgage or deed.
Codes (3)
10
Loan Documentation Type Code
Identifier (ID)
Optional
1
1
-
Code indicating type of documentation used in underwriting the loan
LN110 defines underwriting documentation requirements.
Codes (3)
11
Loan Rate Type Code
Identifier (ID)
Optional
1
1
-
Code indicating the characteristics of the loan rate.
LN111 defines the interest rate characteristics for the loan.
Codes (2)
12
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
-
Code indicating a Yes or No condition or response.
LN112 defines whether loan is assumable. A ``Y'' indicates it is. A ``N'' indicates it is not.
Codes (3)
13
Account Number
String (AN)
Optional
1
35
-
Account number assigned.
LN113 is the lender's account number.
14
Percent
Decimal number (R)
Optional
1
10
-
Percentage expressed as a decimal
LN114 is the initial or original payment rate.
15
Percent
Decimal number (R)
Optional
1
10
-
Percentage expressed as a decimal
LN115 is the rate used by the lender to qualify the loan.
16
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format.
LN116 defines the date format used in LN117 thru LN121.
Codes (22)
17
Date Time Period
String (AN)
Optional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
C1716
LN117 is the loan note date.
18
Date Time Period
String (AN)
Optional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
C1816
LN118 is the first installment due date.
19
Date Time Period
String (AN)
Optional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
C1916
LN119 is the last paid installment date.
20
Date Time Period
String (AN)
Optional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
C2016
LN120 is the date interest on the loan is paid to.
21
Date Time Period
String (AN)
Optional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
C2116
LN121 is the next payment installment due date.
22
Monetary Amount
Decimal number (R)
Optional
1
15
-
Monetary amount.
LN122 is the amount of other or additional financing.
23
Monetary Amount
Decimal number (R)
Optional
1
15
-
Monetary amount.
LN123 is the current balance of negative amoritization.
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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.