Adjustment Action parameters
You can update the loan information after a loan was funded (or partially funded). Update the relevant parameters from the list below. Any loan funding information that you changed, shows with the word Adjusted before it.
Attribute | Description |
---|---|
AdjustmentActionType | Type of update made to the loan. |
ActionAmount | Dollar amount of the change to the loan. |
Description | Description of the reason for the loan adjustment. |
UpdatedBy | By whom the information was updated. |
UpdatedOn | Date/time the information was updated. |
LoanId | Unique identifier of the loan. |
AdjustedLoanAmount | Adjusted gross dollar amount requested. |
AdjustedNetFunding | Adjusted net dollar amount to fund. |
AdjustedOriginationFee | Adjusted charge to the borrower for the loan. |
AdjustedCurrentMonthlyPayment | Adjusted monthly payment amount. |
AdjustedMerchantFee | Adjusted merchant fee. |
AdjustedFinalPaymentDate | Adjusted date due for final loan payment. The format must be: yyyy-mm-dd. |
AdjustedFinalPayment | Adjusted dollar amount of final payment. |
AdjustedFinanceCharge | Adjusted finance charge paid by the borrower. |
AdjustedTotalPayments | Adjusted total paid by the borrower after all the payments have been made. |
AdjustedAPR | Adjusted annual percentage interest rate, as a percent. |
Updated about 1 year ago