Loan Guarantee Maintenance

Overview of IL881

The Loan Guarantee Maintenance screen allows you to add a guarantee to a loan. To add a guarantee to a loan:

• From the DDI Connect main menu, double-click Financial Services
• Double-click Loans
• Double-click Loan Guarantees
• Double-click Guarantee Maintenance. You will see this screen:

To add a new loan guarantee, click the New button on the toolbar. The fields will now activate for editing:

The following fields are available on this screen:

Field	Description
Name	Enter the name of the guarantee
Name PIN	Select or enter the PIN of the loan guarantor
Lender #	Enter the lender number
Balance	Enter the total balance of the loan
Collateral	Enter the percentage of the total balance that is guaranteed by the collateral
Amount	Enter the total dollar value of the collateral for the loan
Rate	Enter the interest rate of the loan
Interest paid	Enter the interest paid to date on the loan
Start	Enter the start date of the loan
Status	Click the drop down arrow to select the status of the loan
Maturity	Enter the date that the loan will mature, assuming all conditions of the loan have been met
Pmt date	Enter the next payment date of the loan
Pmt amount	Enter the regular payment amount of the loan
Pmt frequency	Click the drop down arrow to select the regular payment frequency
Last pmt date	Enter the date that the last loan payment was made
Last pmt amount	Enter the amount of the last payment
Last int amount	Enter the amount of the last interest paid

When you have finished entering the information, click Save. The guarantee is now saved:

You can now click the Actions button and select Add to add the guarantee to the loan:

The Loan Guarantee Cross Reference screen will appear:

Type the loan number here or click the list icon to select from a list of loans in the system. Click OK or press Enter. The guarantee is now linked to the loan:

If you wish to view the change history for any guarantee on this screen, click the History button