Code identifying the type of Mortgage Insurance application

Code indicating the decision made by the underwriter

Code indicating whether Mortgage Insurance certificate is for primary loan or pool loan or both

Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier

MIR04 defines the certificate of insurance number.

Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)

MIR05 defines the percentage of the premium of the initial term.

Monetary amount

MIR06 defines the amount of the premium of the initial term.

MIR07 defines the unit of measure for the term of the mortgage insurance.

Numeric value of quantity

MIR08 defines the term of the mortgage insurance coverage as either a period of time or as a percentage of the loan outstanding when compared to the value of the property.

Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)

MIR09 defines the amount of mortgage insurance as a percentage.

Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)

MIR10 defines the loan-to-value (LTV) ratio at the time of loan origination. Loan-to-value ratio is the percentage of the loan outstanding when compared to the value of the property.

Code indicating the type of renewal option for Mortgage Insurance

Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year

MIR12 defines the expiration date of the proposed coverage.