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