Code indicating the type of funds paid
Type
ID
Length
Max 2 / Min 2
Codes
<> 01
Cash-Borrowed
<> 02
Cash
<> 03
Equity from Pending Sale of Property
<> 04
Cash-Gift
<> 05
Non-Cash
<> 06
Sweat Equity
<> 07
Trade Equity
<> 09
Secondary Financing Secured by Same Property
<> 10
Lot Equity
<> 11
Lease Payments
<> 12
Pledged Collateral
<> 14
Sale of Chattel
<> 27
Grant
<> 28
Proceeds of Loan Fully Secured by Borrower's Own Assets
<> 29
Grant From Non-Profit Organization
<> 30
Grant From Federal Government
<> 31
Grant From State Government Organization
<> 32
Grant From Local Government
<> 33
Grant From Employer
<> 35
Unsecured Loan
<> 43
Not Applicable
<> 44
Premium Pricing
<> 45
Closed End Second Mortgage
<> 46
Seller Take Back
<> 47
Affordable Second Mortgage
<> 48
Home Equity Line of Credit
<> 49
Gift of Equity
<> 50
Mortgage Insurance Premium or Veteran Administration Funding Fee Refund
<> 51
Commitment or Origination Fee
<> 52
Buydown Funds
<> 53
Closing Costs
<> 54
Discount Points
<> 55
Relocation Funds
<> 56
Employer Assisted Housing
<> 57
Lease Purchase Funds
<> 58
Other
<> 59
Savings
<> 60
Equity on Sold Property
<> 61
Equity from Subject Property
<> 62
Certificate of Deposit
<> 63
Financial Arrangement
<> 64
Stocks and Bonds
<> 65
Equity from Pending Home Sale
<> 66
Trust Funds
<> 67
Retirement Funds
<> 68
Life Insurance
<> 69
Secured Borrowed Funds
<> 70
Earnest Money
<> ZZ
Mutually Defined
