Data Dictionary
Item Number 6150
PURPOSE OF CONSTRUCTION AND LAND DEVELOPMENT LOANSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| QTBL6150 | 1977-02-07 | 1989-05-01 | Yes | FR 2028a/s |
Data Description:
Only loans made for the purposes of financing construction of new structures, demolition of existing structures to make way for new structures, or for land improvement prior to construction are included. If the ultimate structure type is unknown, "nonresidential" is indicated. Note that all loans classified as construction loans, regardless of collateral, are limited to loans with original maturities of 5 years or less. All loans of longer maturity are assumed to be permanent financings and are not reported as construction loans.
The following one-digit codes indicate the purpose of construction and land development loans.
0 = No purpose given by the bank
1 = 1-4 family
2 = Multi-family
3 = Nonresidential