Business Glossary-Term List
Welcome to the MISMO Business Glossary - your online source of mortgage industry business terms and data point descriptions. Follow the links provided for Term Type; Focus Area; and Source descriptions; complete terms of authorized usage; and a more detailed description of the MISMO Business Glossary. Search tip: Use quotes for an exact search (e.g., "keyword or phrase").
Return to full Term List
Download Business Glossary
(MISMO Members)
Refine Results
Search on:A collection of values that specify the component, room or structural element being analyzed.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A free-form text field that specifies the enumeration when the value of Other is used for the Analysis Component Type.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
Specifies how the loan conditions have been changed for this comparison instance for the purposes of anti steering (safe harbor) regulatory requirements.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A free-form text field which contains the description of the Anti-Steering comparison type when Other is selected as the Anti-Steering Comparison Type.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
The date that the lender expects the recordation of the lien documents to be completed given geographical custom.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
Army Post Office
Term Source: LDD Acronym
Term Type: Actor
Focus Area: #LDD, #MISMOApprovedAcronym
Average Prime Offer Rate
Term Source: LDD Acronym
Term Type: Data
Focus Area: #LDD, #MISMOApprovedAcronym
Describes disclosures from the loan originator to the borrower as part of the application process.
Term Source: LDD Document
Term Type: Document
Focus Area: #LDD, #Origination
A notice from the loan originator to the borrower that the borrower must notify the loan originator of any additional loan debt that the borrower takes on after loan application and before the loan closing.
Term Source: LDD Document
Term Type: Document
Focus Area: #LDD, #Origination
The date the creditor or originator received the application from the borrower for the subject mortgage loan.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD, #LoanDelivery, #MISMO3.4_iLAD
The date the Loan Originator signed the loan application.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD, #LoanApplication, #MISMO3.4_iLAD
A value from a MISMO prescribed list that specifies the method used to take the application.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD, #LoanApplication, #MISMO3.4_iLAD
When true, allows a borrower who has previously utilized their VA loan entitlement to purchase another home with the VA's guaranty.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A coded value defined by the appraisal analysis provider identifying a type of feedback message about the appraisal analysis.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A free-form alphanumeric string which contains the feedback message text about the appraisal analysis from the appraisal analysis provider.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A value from a MISMO prescribed list that represents the assessed risk score of a property appraisal.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A free-form text field that specifies the enumeration when the value of Other is used for Appraisal Analysis Risk Score Type.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
The specific value of the score representing the risk associated with the property appraisal and/or valuation.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
Indicates whether the appraisal report is a Certification of Completion of improvements upon which a previous appraisal report is dependent.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
A free-form text field used to describe or comment on the Appraisal Completion Report.
Term Source: MISMO Logical Data Dictionary (LDD)
Term Type: Data
Focus Area: #LDD
AUTHORIZED USAGE: All usage of this product is dictated by the terms and conditions within the MISMO 2018 Intellectual Property Rights (IPR) Policy. For more information, please see complete Authorized Usage / Patent Disclosure Request or contact [email protected].