Cancel a loan
Use this call to cancel a loan by using its ID.
PUT /Loan/{{loanId}}/Cancel
If you want to cancel a loan the amount funded has to be zero, amountfunded = 0. If any of the rails have funded, it can no longer be canceled.
Once you cancel a loan, it goes into a terminal state of canceled and it can no longer be changed.
Request URL |
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https:// ... /Loan/{{loanId}}/Cancel |
A body should not be submitted with this API call.
Important
To be able to cancel the loan, the loan must be in one of these statuses:
- Received
- DocsComplete
- ComplianceFailed
- Approved
- AwaitingFunding
- NotFullyFunded
Updated about 1 year ago