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Segment
in
X12 Release 008010

LN2 Existing Real Estate Loan Specific Data

To provide specific information about a real estate loan
Sequence
Element
Name
Type
Requirement
Min
Max
Repeat
01
1101
Lien Priority Code
Identifier (ID)
Mandatory
1
1
1
Code identifying the rights and relationship of a loan to any other loan secured by the same property
Codes (7)
02
Real Estate Loan Type Code
Identifier (ID)
Mandatory
1
1
1
Code identifying the loan product category
Codes (18)
03
Percentage as Decimal
Decimal number (R)
Conditional
1
10
1
Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)
P0304
LN203 is the current loan note rate.
04
Frequency Code
Identifier (ID)
Conditional
1
1
1
Code indicating frequency or type of activities or actions being reported
LN204 is the period type for payment frequency.
Codes (23)
05
Loan Payment Type Code
Identifier (ID)
Optional
2
2
1
Code identifying the nature of loan payment
Codes (31)
06
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
LN206 defines whether the loan is assumable. A "Y" indicates it is; an "N" indicates it is not.
Codes (9)
07
Assumption Terms Code
Identifier (ID)
Optional
1
1
1
Code indicating the terms for loan assumption
Codes (4)
08
Name
String (AN)
Optional
1
60
1
Free-form name
LN208 is the lender's name.
09
Reference Identifier
Composite (composite)
Optional
1
01
Reference Identification Qualifier
Identifier (ID)
Mandatory
2
3
-
Code identifying the Reference Identification
Codes (1904)
02
Reference Identification
String (AN)
Mandatory
1
80
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
03
Reference Identification Qualifier
Identifier (ID)
Conditional
2
3
-
Code identifying the Reference Identification
P0304
Codes (1904)
04
Reference Identification
String (AN)
Conditional
1
80
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
05
Reference Identification Qualifier
Identifier (ID)
Conditional
2
3
-
Code identifying the Reference Identification
P0506
Codes (1904)
06
Reference Identification
String (AN)
Conditional
1
80
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
10
Quantity Qualifier
Identifier (ID)
Conditional
2
2
1
Code specifying the type of quantity
Codes (1158)
11
Quantity
Decimal number (R)
Optional
1
15
1
Numeric value of quantity
C1110
LN211 is the initial term of the loan.
12
Quantity
Decimal number (R)
Optional
1
15
1
Numeric value of quantity
C1210
LN212 is the remaining term of the loan.
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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.