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X12 transaction guide · Finance

EDI 206 Real Estate Inspection

The X12 document used to initiate, modify or cancel a property site inspection by a field service or inspection company.

Sent by
Mortgage lender, servicer or insurance company
Received by
Field service organization or inspection company
Standard
ANSI ASC X12

What is an EDI 206?

The EDI 206 Real Estate Inspection is the ANSI X12 transaction set mortgage lenders, insurance companies and others use to initiate, modify or cancel a site inspection by a field service organization, home inspection company, insurance vendor or similar provider.

Servicers inspect properties when loans become delinquent to confirm occupancy and condition, and insurers inspect properties they insure. Ordering inspections electronically lets large servicers manage thousands of orders and receive results consistently. Results usually include photographs and occupancy status. Orders can be repeated monthly.

How the EDI 206 worksDiagram of the EDI 206 Real Estate Inspection. Mortgage lender, servicer or insurance company sends it to field service organization or inspection company. It usually follows 264. It is usually followed by 997. Inside the ISA, GS and ST envelopes, X12 release 008010 requires, in the heading: BGN (Beginning Segment) and detail: the required 0200 loop with SI (Service Characteristic Identification) and the required 0220 loop with NX1 (Property or Entity Identification) and NX2 (Location ID Component). 3 optional loops are listed by their first segment.How the EDI 206 worksReal Estate Inspection: who sends it, where it fits and what the standard marks required1 WHERE IT FITSUSUALLY FOLLOWS264Mortgage Loan DefaultStatusEDI 206SENDERMortgage lender,servicer or insurancecompanyRECEIVERField serviceorganization orinspection company997 or 999 acknowledgment back, if the partners agreeUSUALLY FOLLOWED BY997FunctionalAcknowledgment2 WHAT X12 RELEASE 008010 REQUIRESInterchange: sender and receiver IDsISA … IEAFunctional group, ID code MGGS … GETransaction set 206ST … SEHEADINGBGNBeginning Segment+ 1 optional loop, starting with:N1DETAILRequired loop 0200 · repeats many timesSIService Characteristic IdentificationRequired loop 0220 · repeats many timesNX1Property or Entity IdentificationNX2Location ID Component+ 2 optional loops, starting with:IN1N1Blue box: required loop. Optional loops are listed by the segment that starts them; when a loop is used, that first segment is required. Optional segmentsoutside loops are not drawn.Structure: required segments and loops in the X12 008010 listing for the 206. Your trading partner's implementation guide adds its own requirements.
How the EDI 206 worksDiagram of the EDI 206 Real Estate Inspection. Mortgage lender, servicer or insurance company sends it to field service organization or inspection company. It usually follows 264. It is usually followed by 997. Inside the ISA, GS and ST envelopes, X12 release 008010 requires, in the heading: BGN (Beginning Segment) and detail: the required 0200 loop with SI (Service Characteristic Identification) and the required 0220 loop with NX1 (Property or Entity Identification) and NX2 (Location ID Component). 3 optional loops are listed by their first segment.How the EDI 206 worksReal Estate Inspection: who sends it, where itfits and what the standard marks required1 WHERE IT FITSUSUALLY FOLLOWS264Mortgage Loan Default StatusEDI 206SENDERMortgagelender, serviceror insurancecompanyRECEIVERField serviceorganization orinspectioncompany997 or 999 acknowledgment back, if the partnersagreeUSUALLY FOLLOWED BY997Functional Acknowledgment2 WHAT X12 RELEASE 008010 REQUIRESInterchange: sender and receiver IDs (ISA… IEA)Functional group, ID code MG (GS … GE)Transaction set 206 (ST … SE)HEADINGBGNBeginning Segment+ 1 optional loop, starting with:N1DETAILRequired loop 0200 · repeatsmany timesSIService CharacteristicIdentificationRequired loop 0220 · repeatsmany timesNX1Property or EntityIdentificationNX2Location IDComponent+ 2 optional loops, starting with:IN1N1Blue box: required loop. Optional loops are listedby the segment that starts them; when a loop isused, that first segment is required. Optionalsegments outside loops are not drawn.Structure: required segments and loops in the X12008010 listing for the 206. Your trading partner'simplementation guide adds its own requirements.

How to read this diagram: the top row shows who sends the 206, to whom, and which documents usually come before and after it. The lower part shows what X12 release 008010 itself requires: the envelopes around the 206 and the segments and loops the standard marks as required, area by area. Optional loops are listed by the segment that starts them rather than drawn in full. This is the standard's minimum, not a trading partner's requirement: each partner's implementation guide usually makes some optional loops mandatory, restricts the codes and may use a different release.

Expand diagram Download SVG

When it is used

  • Ordering occupancy inspections on delinquent loans
  • Ordering insurance property inspections
  • Changing or cancelling inspection orders

Where it fits in the document flow

Usually follows 264 Mortgage Loan Default Status
This document 206 Real Estate Inspection
Usually followed by 997 Functional Acknowledgment

Structure

Mandatory segments in the 206 (X12 release 008010)

The segments X12 release 008010 marks as mandatory at their level, in order. Segments inside optional loops are needed only when the loop is used. This is the standard's requirement, not your trading partner's: each partner's implementation guide names the release it uses, adds the optional segments it requires and restricts the values. The requirement status comes from one published X12 reference listing and has not been checked against a second source.

  • ST
  • BGN
  • N1
  • SI
  • IN1
  • NX1
  • NX2
  • SE

Practical example

The 206 in practice

A servicer's default management system finds 300 loans more than 45 days delinquent. It sends its field service vendor 206 orders for occupancy inspections on those properties. The vendor dispatches inspectors and reports whether each property is occupied and its condition.

Implementation

Implementation considerations for the 206

  • Follow investor and regulatory rules for inspection frequency.
  • Cancel orders when loans are brought current.
  • Identify each property precisely by address and parcel.
  • Track inspection results and the charges billed.

How ECOM helps

Automate the 206 with ECOM

Industry

Financial Services

Secure file transfer and B2B integration for banks and financial institutions.

Solution

B2B Integration

Connect every customer, supplier, carrier and bank across EDI, API, file and portal channels.

Solution

EDI Integration

Exchange X12 and EDIFACT documents with partners and integrate them directly with your ERP.

More general questions about EDI are answered in the EDI FAQ.

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