1081
Loan Purpose Code
- Type
- Identifier (ID)
- Length
- Fixed length of 2
- Allowed Codes
- 45 defined values
Loan Purpose Code (1081), is an Identifier type element, and with a fixed length of 2. Sign up free or login to view the full element and download it in Markdown or console (text) formats.
Allowed Codes
| Code | Description |
|---|---|
| 01 | Purchase Existing Home Previously Occupied |
| 02 | Purchase Existing Home Not Previously Occupied |
| 03 | Finance Improvement to Existing Property |
| 04 | Construct Home |
| 05 | Refinance |
| 06 | Purchase New Condominium Unit |
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See every allowed code, usage note, and implementation detail for Loan Purpose Code. Download it as a diagram or Markdown, or use the tedi CLI to access the full X12 reference from your terminal.