Code identifying the reason the loan is needed.
Type
ID
Length
Max 2 / Min 2
Codes
<> 01
Purchase Existing Home Previously Occupied
<> 02
Purchase Existing Home Not Previously Occupied
<> 03
Finance Improvement to Existing Property
<> 04
Construct Home
<> 05
Refinance
<> 06
Purchase New Condominium Unit
<> 07
Purchase Existing Condominium Unit
<> 08
Finance Co-Operative Purchase
<> 09
Manufactured Home
<> 10
Manufactured Home and Lot
<> 11
Manufactured Home and To Buy Lot
<> 12
Manufactured Home and Lot Loan Refinanced
<> 13
Construct New Home and Convert to Permanent
