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(ASC X12) 1083 Type of Downpayment Code


Code identifying the source or nature of funds paid


3Equity from Pending Sale of Property
6Sweat Equity
7Trade Equity
9Secondary Financing Secured by Same Property
10Lot Equity
11Lease Payments
12Pledged Collateral
13Other Source
14Sale of Chattel
28Proceeds of Loan Fully Secured by Borrower’s Own Assets
29Grant From Non-Profit Organization
30Grant From Federal Government
31Grant From State Government Organization
32Grant From Local Government
33Grant From Employer
34Borrower’s Own Funds
35Unsecured Loan
36Property Seller Contribution
41Gift From Relative
42Other Financial Institution
43Not Applicable
44Premium Pricing
ZZMutually Defined

Appears in

RESReal Estate Sales Price Change
Review post

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