547 Interest Type Code

Code identifying the type of interest

Type
Identifier (ID)
Length
Min 1 / Max 2
Codes
CodeDescription
CCurrent Note Rate
DDebenture
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
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

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