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(ASC X12) 1083 Type of Downpayment Code

TYPE=ID MIN=MAX=2

Code identifying the source or nature of funds paid

Codes

1Cash-Borrowed
2Cash
3Equity from Pending Sale of Property
4Cash-Gift
5Non-Cash
6Sweat Equity
7Trade Equity
9Secondary Financing Secured by Same Property
10Lot Equity
11Lease Payments
12Pledged Collateral
13Other Source
14Sale of Chattel
27Grant
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
37Builder
38Lender
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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