Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

RAT01 defines period type from 1st payment to 1st rate change.

Numeric value of quantity.

RAT02 is number of periods from 1st payment to 1st rate change.

Code identifying the source of index values for adjustable rate mortgage rate changes.

RAT03 defines the index used to adjust the mortgage interest rate.

Percentage expressed as a decimal

RAT04 is the adjustment margin to add to the index value.

Percentage expressed as a decimal

RAT05 is the initial index percent value.

Percentage expressed as a decimal

RAT06 is the periodic interest rate cap percent.

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

RAT07 is the period type for a periodic interest rate cap.

Numeric value of quantity.

RAT08 is the number of periods for the periodic rate cap.

Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken

RAT09 is the period type between rate changes after the 1st.

Numeric value of quantity.

RAT10 is the number of periods between rate changes after 1st.

Code indicating a Yes or No condition or response.

RAT11 defines whether a loan may be converted to fixed rate. A ``Y'' indicates it may. A ``N'' indicates it may not.

Percentage expressed as a decimal

RAT12 is the interest rate life cap percent.

Percentage expressed as a decimal

RAT13 is the interest rate life floor percent.

Percentage expressed as a decimal

RAT14 is the rounding percent used for adjusting rates.

Code indicating the mechanism used to round a calculated value.

RAT15 defines the rouding mechanism to be used.

Code identifying the rate life cap source.

RAT16 is the interest rate life cap source code.