Difference between revisions of "Loan Support Inquiry"
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| '''Supporting rate''' || Percent of total loan amount supported by the investment(s) | | '''Supporting rate''' || Percent of total loan amount supported by the investment(s) | ||
|- | |- | ||
| − | | | + | | '''Loan balance''' || Loan principal balance |
| + | |- | ||
| + | | '''Average investment rate''' || [[How is the Weighted Interest Rate Calculated?|Weighted average interest rate]] of the investments supporting the selected loan | ||
| + | |- | ||
| + | | '''Base loan rate''' || Minimum interest rate to be offered to borrowers in order to ensure that your organization does not lose money on the loan | ||
| + | |- | ||
| + | | '''Supporting inv rate''' || Weighted average of the investments and pools at the time of the last LSP calculation period | ||
| + | |- | ||
| + | | '''Loan interest rate''' || Current interest rate for the selected loan | ||
| + | |} | ||
| + | |||
| + | |||
| + | In the Investment Support area of the screen, you can see information about the supporting investments: | ||
| + | |||
| + | |||
| + | [[File:Loan Support Inquiry 2.png]] | ||
| + | |||
| + | |||
| + | The following information is displayed: | ||
| + | |||
| + | |||
| + | {| class="wikitable" | ||
| + | |- | ||
| + | ! '''Column''' !! '''Description''' | ||
| + | |- | ||
| + | | '''Account''' || Account number of the investment holder | ||
| + | |- | ||
| + | | '''Inv #''' || Investment number | ||
|- | |- | ||
| − | | | + | | '''Balance''' || Example |
|- | |- | ||
| Example || Example | | Example || Example | ||
| Line 43: | Line 70: | ||
| Example || Example | | Example || Example | ||
|} | |} | ||
| + | |||
Revision as of 18:06, 3 May 2012
Overview of IL500
The Loan Support Inquiry screen allows you to view the investments supporting a loan. From the Detailed Loan Inquiry screen, click View and select Loan Support Inquiry. You will see a screen similar to this one:
The following information is available on this screen:
| Field | Description |
|---|---|
| Account | Account number for the borrower |
| Loan | Loan number of the loan you are viewing support for |
| First advance | Date that the first loan advance was issued |
| First payment | Date that the first loan payment was received |
| Supporting investments | Number of investments supporting the loan |
| Maturity date | Date that the loan will mature, assuming all payments are made on time |
| Total support | Combined total dollar amount of investments supporting the loan |
| Loan commitment | Total amount your organization has committed to loan to the borrower |
| Supporting rate | Percent of total loan amount supported by the investment(s) |
| Loan balance | Loan principal balance |
| Average investment rate | Weighted average interest rate of the investments supporting the selected loan |
| Base loan rate | Minimum interest rate to be offered to borrowers in order to ensure that your organization does not lose money on the loan |
| Supporting inv rate | Weighted average of the investments and pools at the time of the last LSP calculation period |
| Loan interest rate | Current interest rate for the selected loan |
In the Investment Support area of the screen, you can see information about the supporting investments:
The following information is displayed:
| Column | Description |
|---|---|
| Account | Account number of the investment holder |
| Inv # | Investment number |
| Balance | Example |
| Example | Example |
| Example | Example |
| Example | Example |
