Navigation: Appendix A - Merge Field Descriptions (Loans) >
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Merge Field |
Field Mnemonic/ Calculation |
Description |
---|---|---|
LIP CAP PERIOD LENGTH |
LNLPLN |
Length of the LIP rate cap period |
LIP CHARGE AMOUNT |
LNLCGA |
LIP charge amount |
LIP DATE PERIOD STARTS |
LNLPSD |
Starting date of the current LIP rate cap period |
LIP DAYS BEFORE RATE CHANGE |
LNLDYS |
Days before the LIP rate change date to calc next rate |
LIP INSPECTION DATE |
LNLIND |
LIP date of last or next inspection |
LIP INTEREST RETENTION |
LNLRIN |
LIP interest retention amount (To be used only if you do not use the LIP budgets.) |
LIP LAST BILLED AMOUNT |
LNLSTB |
Last billed amount |
LIP NEXT BILL OR CHARGE DATE |
LNLDUE |
Next date LIP interest is to be charged or billed |
LIP NEXT INTEREST RATE |
LNLNXT |
Next LIP interest rate |
LIP PERIODIC RATE MAXIMUM |
LNLPMX |
Maximum points per period the LIP rate can decrease |
LIP PERIODIC START RATE |
LNLPMN |
Maximum points per period the LIP rate can decrease |
LIP PERIODIC RATE MINIMUM |
LNLPSR |
Starting rate of the rate cap period |
LIP PRIOR UNPAID CHARGES |
LNLPCG |
Prior unpaid interest after current LIP billing |
LIP PRIOR UNPAID W PROJECTED LATE |
LNLPCG + CALC LATE |
Prior unpaid interest with projected late charges |
LIP RATE CHANGE DATE |
LNLCHD |
Next date the LIP rate will change |
LIP RATE CHANGE FREQUENCY |
LNLFRQ |
Number of months that pass between rate rolls |
LIP RETENTION AMOUNT |
LNLRET |
LIP retention amount (Funds to be held for miscellaneous reasons. This should not be used if you use the LIP budgets.) |
LIP TOTAL DUE WITH LATE AND FEES |
LNLPCG + LNLATE + LNFEES |
Total unpaid interest plus late charges and loan fees |
LIP TOTAL DUE WITH LATE CHGS |
LNLPCG+LNLATE |
Total unpaid interest plus late charges |
See also: