Loan Reserve/Escrow Payments

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If your borrower sends in additional funds for their loan reserve/escrow, the process for applying the funds is the same as making a loan payment. The screen will default to apply the funds to reserve first:


Loan Reserve Payment 1.png


Verify that the correct amount is being applied to the Reserve field on this screen. If all is correct, click Save to process the payment. You will see this message:


Transaction Successful.png


Click OK to return to the Payment Processing screen. You can now process an additional item or click Exit to leave the screen.