View 3a: Property Page/Property Detail

The property page has sections that collect additional data about the collateral securing the loan.

Property Detail

This section contains required data items that may or may not have been collected in ComplianceOne. Complete the item if it applies to the specific loan being delivered.

Attachment Type (required)

  • When subject property is not a condo project [ID 50]

    Specifies the type of physical attachment, if any, between the dwelling unit (subject property) and adjacent dwelling units. Options include:

    • Attached: Select Attached if the dwelling has a common wall or other direct physical connection with another dwelling, and the appraisal or other property valuation method does not indicate Semi Detached.

    • Detached: Select Detached if the dwelling has no common wall nor any other direct physical connection with another dwelling.

    • Semi Detached: Select Semi Detached if the dwelling is an end unit or one of a pair of houses built side-by-side sharing a common wall, such as a duplex.

  • Construction Method Type [ID 51] (required)

    Select the option that describes the construction process for the main dwelling unit of the subject property. Options include:

    • Manufactured

    • Site Built

Number of Units [ID 57]

Enter the number of individual family dwelling units being financed in the subject property. )

Total Mortgaged Properties Count [ID 244] (required)

Enter the total number of financed 1-4 unit residential properties owned by all borrowers on the loan. Do not include commercial properties or timeshares. If multiple borrowers own the same property, it only needs to be counted once. The subject property is also included in the property count.