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.

A body should not be submitted with this API call.

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Important

To be able to cancel the loan, the loan must be in one of these statuses:

• Received
• DocsComplete
• ComplianceFailed
• Approved
• AwaitingFunding
• NotFullyFunded