Field 27IOptionalAccount Information

    Metro 2 Field 27I: Interest Type Indicator

    Single-character indicator describing whether the account carries a fixed or variable/adjustable interest rate. Most relevant for mortgage and installment portfolios.

    Quick Reference

    Field Number:27I
    Position:0-0
    Length:1 characters
    Type:code
    Record:Base Segment
    Required:No

    Allowed Values

    ValueMeaning
    FFixed rate
    VVariable/adjustable rate

    Validation Rules

    • Single character from the allowed set or blank

    Examples

    FV

    Common Errors

    • Leaving blank on adjustable-rate mortgages where known

    Tips & Best Practices

    • Populate for mortgages so the rate structure is transparent

    Related Fields

    27
    Terms Duration
    For installment loans: the number of payments. For revolving...
    28
    Terms Frequency
    Indicates the frequency of payments. Most common is 'M' for ...
    14
    Portfolio Type
    Single character indicating whether the account is installme...

    Other Account Information

    17AAccount Status27Terms Duration28Terms Frequency15Account Type14Portfolio Type10ECOA Code

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    Interest Type Indicator - Metro 2 Field 27I