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Insurance Codes field group |
  
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Navigation: Loans > Loan Screens > Loan Assumption Screen > Seller Information tab >
Insurance Codes field group
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Insurance Codes field group |
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This field group displays insurance information for the loan account being assumed by the buyer.
The Insurer field (LNINSU) displays the insurer of the loan being assumed, as indicated on the Classification/Purpose tab of the Loans > Account Information > Additional Loan Fields screen. Possible values in this field are:
| 1 | FHA |
| 2 | VA |
| 3 | Other Federally Insured or Guaranteed Loans |
| 4 | Private Insurer |
The PMI field (LNPMIC) indicates whether there is PMI (Private Mortgage Insurance) present on the loan being assumed. The name of the insurer is also displayed.