EDI Blog

(ASC X12) 1082 Use of Proceeds Code


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

Appears in

LRQMortgage Characteristics Requested
Review post

Related Article

(EDIFACT) 7143 Item type identification code

TYPE=AN MIN= MAX=3 Coded identification of an item type. Codes (ICNCP) A code established by the International Code of 1) A 12-digit code that uniquely identifies the…

(ASC X12) 1495 Query Type Code

TYPE=ID MIN=1 MAX=1 Code indicating what information is provided in a query request Codes I Subshipment Chassis Identification N Railcar, Trailer or Container V Subshipment Vehicle Identification…

(ASC X12) 1653 Shipment Appointment Reason Code

TYPE=ID MIN=2 MAX=2 Code indicating the reason that a pick-up or delivery appointment status code was transmitted. Codes A1 Missed Delivery A4 Holiday, Closed A5 Appointment Already…

Leave a Reply

Your email address will not be published. Required fields are marked *