Loan contract view page

The loan contact view page shows the loan contract details in the following sections:

  • Contract details - show general loan contract information.

In case of secured loan contract, the contract details page also displays the Initial and Current LTV parameters:

  • Initial LTV is calculated starting from the loan preparation by dividing initial loan limit amount by the sum total of all collateral assets market value at the contract start date (or preparation date if contract is not active yet).

  • Current LTV is calculated starting from loan activation by dividing the sum total of loan current balance and debt amount by the sum total of all collateral assets latest market value.

  • Dates - loan contract dates, including signing, start and invoice dates.

  • Repayment conditions - loan contract and contract version repayment conditions.

  • Versions - list of the loan contract versions.

See the contract version paragraph to find more information on how to create a new loan contract version.

  • Associated persons - list of the loan contract co-borrowers.

Note that the actions buttons located under the Associated persons section Close, Block and Default are design to close, block or default the loan contract.

  • Components - list of the loan components, the balance and debt details and rate information.

Manage loan contract

Update related account

If the loan contract has a related servicing account, you can replace it with another servicing account. To do that:

  1. On the loan contract page scroll to the Contracts details section.

  2. Find the Related account parameter and click the edit sign.

  1. Search for the related account. Click the Account number to select the account.

  1. If the related account was selected correctly, click the check sign.

  1. Click Yes to confirm selection.

Update repayment channel

  1. On the loan contract page scroll to the Contracts details section.

  2. Find the Repayment channel parameter and click the edit sign.

  1. From the drop-down select the required repayment channel.

  1. Click the check sign.

  1. Click Yes to confirm the selection.

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