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Appendix C MA Data File Data Dictionary v9.0 Ref ID DD239Order in File Name of Data Point 1 fncl_ast_idDD9681st Lien Modification Data Business Name Financial Asset Description The unique identifier
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How to fill out loan state code

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How to fill out loan state code

01
To fill out loan state code, follow these steps:
02
Locate the loan state code field on the loan application form.
03
Enter the appropriate loan state code in the field.
04
Double-check the entered code to ensure accuracy.
05
Save the loan application form with the filled out loan state code.

Who needs loan state code?

01
Loan state code is required by financial institutions and lenders who process loan applications.
02
It helps them identify the jurisdiction where the loan is being applied for and ensures compliance with regional regulations.
03
Applicants for various types of loans, such as personal loans, mortgages, or business loans, may also need to provide the loan state code.
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A loan state code is a unique identifier used to classify and report loans within specific states for regulatory and reporting purposes.
Lenders, financial institutions, and entities that provide loans are required to file the loan state code.
To fill out the loan state code, one must enter the correct state code associated with the loan, which can be found in regulatory guidelines or state-specific documentation.
The purpose of the loan state code is to ensure proper tracking, reporting, and regulation of loans according to state-specific laws and requirements.
The information that must be reported includes the loan amount, borrower details, loan type, and the state code in which the loan originated.
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