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(ASC X12) C048 Composite Use of Proceeds

To identify one or more uses of loan proceeds


Position Element Name Type Requirement Min Max Repeat
C04801 1082 Use of Proceeds Code Identifier(ID) Mandatory 2 2  
C04802 1680 Refinance Type Code Identifier(ID) Optional 2 2  
C04803 1082 Use of Proceeds Code Identifier(ID) Optional 2 2  
C04804 1073 Code specifying how proceeds will be used or why they are being requested Identifier(ID) Optional 1 1  

Appears in

ANSI X12 LRQMortgage Characteristics Requested
ANSI X12 LUCLoan Underwriting
Review post

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