1081 Loan Purpose Code
TYPE=ID MIN=2 MAX=2
Code identifying the reason the loan is needed
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
07 Purchase Existing Condominium Unit
08 Finance Co-Operative Purchase
09 Manufactured Home
10 Manufactured Home and Lot
11 Manufactured Home and To Buy Lot
12 Manufactured Home and Lot Loan Refinanced
13 Construct New Home and Convert to Permanent
14 Purchase Unimproved Land
15 Other Loan Purpose
16 Purchase, Purpose Unidentified
17 Single Family
18 Multifamily Construction
19 Multifamily Project
20 Single Family Serial Note
21 All Terrain Vehicle
22 Dirt Bike
23 Farm Equipment
24 Jet Ski
25 Truck
26 Motorcycle
27 Snowmobile
28 Home Equity
30 Purchase Money Mortgage
31 Additional Financing
AL Auto Lease
AR Airplane
AU Automobile
BO Boat
CC Charge Cards
CO Charged Off
CT Camper or Trailer
FM First Mortgage Real Estate
MH Mobile Home
PE Personal
RE Real Estate
RV Recreation Vehicle
SL Student Loan
SM Second Mortgage Real Estate
SO Sharedraft Overdraft