element INTEREST_RATE_CONVERSION_LIFETIME_ADJUSTMENT_RULE

element {}INTEREST_RATE_CONVERSION_LIFETIME_ADJUSTMENT_RULE

Abstractfalse (This can be used in an instance)
Nillablefalse (Instance values cannot use xsi:nil)
Declared Namespacesxmlns:xsd=http://www.w3.org/2001/XMLSchema


Source

<xsd:element name="INTEREST_RATE_CONVERSION_LIFETIME_ADJUSTMENT_RULE">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Information specific to life of loan limits regarding the interest rate calculation when a loan has an option for conversion from an ARM to a fixed rate loan.</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
xsd:attribute name="InterestRateConversionLifetimeAdjustmentRuleID" type="xsd:ID"
            
use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Provides a unique Identifier for this container and a means by which to reference this container from within this data set</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="ConversionOptionMaximumRate" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The highest rate to which the interest rate can increase when calculating a new interest rate for the option to convert an ARM loan to Fixed Rate.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="ConversionOptionMinimumRate" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The lowest rate to which the interest rate can decrease when calculating a new interest rate for the option to convert an ARM loan to Fixed Rate.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="ConversionOptionMarginRate" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The number of percentage points to be added to the index when calculating a new interest rate for the option to convert an ARM loan to Fixed Rate.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Information specific to life of loan limits regarding the interest rate calculation when a loan has an option for conversion from an ARM to a fixed rate loan.


element INTEREST_RATE_CONVERSION_LIFETIME_ADJUSTMENT_RULE


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