Interest Rate of 1st Mortgage Real Estate Loans/Lines of Credit

Acct Code

Description

Tip for pulling data stored in CU*BASE

563

The loan interest rate being offered for the reporting period. If more than one rate applies, report the most common rate.

Note: If all or a portion of 1st Mortgage RE Loans/LOC are not maintained in CU*BASE, you must obtain the interest rate from the outside vendor.

Note: This Account Code was deleted by the NCUA in Sept. 2017.

You can obtain the current loan rate from the Rate Inquiry feature on CU*BASE.

If multiple loan products fall into this category, average the rates for the quarter.