orig_repayment_type

The repayment_type at origination.

├── combined
├── interest_only
├── option_arm
├── other
└── repayment

combined

Combined Repayment - A hybrid repayment structure that combines different repayment methods. This could include a combination of interest-only and principal repayment periods, or other repayment structures that don’t fit into the standard categories.

interest_only

Interest Only - The borrower is only required to pay the interest portion of the loan for a specified period. During this period, no principal is being repaid, and the loan balance remains unchanged.

option_arm

Option ARM - An option or payment-option ARM is an adjustable rate mortgage with several possible payment choices.

other

Other Repayment Type - A repayment structure that doesn’t fit into the standard categories. This could include specialized or custom repayment arrangements that are unique to specific loan products or borrower circumstances.

repayment

Full Repayment - The standard repayment structure where the borrower makes regular payments that include both principal and interest components. These payments are designed to fully amortize the loan over its term.