View 6b: Related Loan Page/Original Loan Closing Info (Part Two)

Select the classification or description of the loan generally based on the changeability of the rate or payment over time. Options include:

Select if a final balloon payment is required under the terms of the loan repayment schedule to fully pay off the loan.

Select the priority of the lien against the subject property. 'First' is the option that displays.

Enter the amount to be repaid as disclosed on the Note.

Enter the scheduled number of periods (as defined by Loan Maturity Period Type) after which a debt will mature.

Select the unit of time used for defining the period over which the loan matures.

Enter the date of the first scheduled mortgage payment to be made by the borrower under the terms of the mortgage.

Enter the Closing Date for the Related Loan.