ASC X12 004010

1082 Use of Proceeds Code
TYPE=ID MIN=2 MAX=2

Code specifying how proceeds will be used or why they are being requested


01       Cash
02       Change in Rate or Term or Both
04       Home Improvement
05       Education
06       Medical
07       Increase Rate
08       Reduce Term
09       Adjustable Rate to Fixed Rate
11       Debt Consolidation Refinance
12       Debt Consolidation
13       Change in Loan Type
14       Other Purpose
16       Purchase
17       Reduce Rate
18       Equity Takeout
20       Construction to Permanent
21       Construction
22       Combined Construction and Permanent
23       Increase Term
24       Balloon Satisfaction
25       Rate or Term Refinance with Cash Out
ZZ       Mutually Defined