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.

AttributeDescription
AdjustmentActionType
LoanAdjustmentAction
Type of update made to the loan.
Required
ActionAmount
decimal
Dollar amount of the change to the loan.
Required
Description
string
Description of the reason for the loan adjustment.
1 - 30 characters.
Required
UpdatedBy
string
By whom the information was updated.
Optional
UpdatedOn
string
Date/time the information was updated.
Optional
LoanId
string
Unique identifier of the loan.
Optional
AdjustedLoanAmount
decimal or null
Adjusted gross dollar amount requested.
Optional
AdjustedNetFunding
decimal or null
Adjusted net dollar amount to fund.
Optional
AdjustedOriginationFee
decimal or null
Adjusted charge to the borrower for the loan.
Optional
AdjustedCurrentMonthlyPayment
decimal or null
Adjusted monthly payment amount.
Optional
AdjustedMerchantFee
decimal or null
Adjusted merchant fee.
Optional
AdjustedFinalPaymentDate
DateTime or null
Adjusted date due for final loan payment.

The format must be: yyyy-mm-dd.
Optional
AdjustedFinalPayment
decimal or null
Adjusted dollar amount of final payment.
Optional
AdjustedFinanceCharge
decimal or null
Adjusted finance charge paid by the borrower.
Optional
AdjustedTotalPayments
decimal or null
Adjusted total paid by the borrower after all the payments have been made.
Optional
AdjustedAPR
decimal or null
Adjusted annual percentage interest rate, as a percent.
Optional