Mortgage

Type: Information Object

Status: Active
Industry Sector: Financial Services
Sensitivity Level: Confidential
Personal Information: Sensitive PII

Description:
A secured loan used to finance the purchase or refinancing of real property, where the property serves as collateral.

Accessed by Application(s):

• Core Banking System
• Loan Origination System
• Loan Servicing Application

 Yes

Attributes

Order	Name	Description	Type	Cardinality	Example value
1	Mortgage ID	Unique identifier for the mortgage	GUID	Mandatory
2	Customer ID	Reference to the mortgagor customer record	Reference	Mandatory
3	Interest Rate Type	Whether the rate is fixed, variable, or tracker	Enumeration	Mandatory	Fixed
4	Repayment Type	Whether repayment is capital and interest or interest only	Enumeration	Mandatory	Capital and Interest
5	Status	Current lifecycle status of the mortgage	Enumeration	Mandatory	Active
6	Property Address	Address of the mortgaged property	String	Mandatory
7	Property Value	Assessed market value of the property at origination	Decimal	Mandatory
8	Principal Amount	Original loan amount	Decimal	Mandatory
9	Interest Rate	Annual interest rate on the mortgage	Decimal	Mandatory
10	Disbursement Date	Date the mortgage funds were released	Date	Mandatory
11	Maturity Date	Date on which the mortgage term ends	Date	Mandatory
12	Outstanding Balance	Remaining principal balance	Decimal	Mandatory
13	Currency	Currency of the mortgage	Enumeration	Mandatory	EUR
14	LTV Ratio	Loan-to-value ratio at origination	Decimal	Mandatory
15	Arrears Flag	Indicates whether the mortgage is currently in arrears	Boolean	Mandatory

 Yes
 
 Active
 Sensitive PII
 Confidential
 Financial Services
 A secured loan used to finance the purchase or refinancing of real property, where the property serves as collateral.

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