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(ASC X12) 1552 Option Type Code


Code indicating the type of option provided


1 Assumability
2 Callability
3 Prepayment
4 Convertibility
5 Limited Payment
6 Adjustability
7 User-defined
8 Negative Amortization
9 Automatic Refinance
10 Modification
11 Construction Phase
12 Permanent Phase
13 Payment Frequency
ZZ Mutually Defined

Appears in

AK2 Transaction Set Response Header
Review post

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