Difference between revisions of "Loan Correspondents"
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| '''Checkboxes''' || There are two checkboxes that, when checked, will send receipts and/or statements to the correspondent. You may choose one, both, or neither. | | '''Checkboxes''' || There are two checkboxes that, when checked, will send receipts and/or statements to the correspondent. You may choose one, both, or neither. | ||
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+ | When you are done adding the appropriate information, you can click 'Save' to save the correspondent record. |
Revision as of 15:05, 30 March 2023
The Loan Correspondents screen allows you to view any loan correspondents associated with a particular loan. You can view information such as the correspondent category, PIN, ABA (Routing) number, bank account, bank name, and other associated fields. To view a loan's correspondents:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Financial Inquiry
- Look up the loan that you wish to view
- On the toolbar, click View and select Loan Correspondents:
When the screen loads, you will see something similar to this:
To add a new correspondent, click the Add button on the toolbar. The correspondent fields will now activate:
You have the following options:
Field | Description |
---|---|
Correspondent | The dropdown allows you to choose the description of the correspondent you are adding. Ex. Beneficiary, Borrower, Cosigner, etc. |
Pin | You can manually enter the constituent pin, you can use the binocular icon to search for the pin, you can choose the icon with the '+', and the system will pick the next pin in sequence, and take you to the screen to add a constituent, or finally, you can choose the icon with the 'pencil' and the system will take you to the screen to enter a new constituent with a pin of your choosing. |
ABA (Routing) number | Enter valid ABA (Routing) number. |
Bank Account | Enter valid Bank Account number. |
Bank Name | Enter valid Bank Name. |
Account type | Choose the account type from the dropdown. The choices are Checking or Savings. |
EFT format | Choose the appropriate EFT format from the dropdown. The choices are (None), ACH, Bank wire, or SWIFT. |
Wire memo | You can enter a memo as a reminder or for documentation/audit purposes. |
Checkboxes | There are two checkboxes that, when checked, will send receipts and/or statements to the correspondent. You may choose one, both, or neither. |
When you are done adding the appropriate information, you can click 'Save' to save the correspondent record.