Navigation:  Loan Screens > Investor Reporting Screen Group > Loan Investor Fields Screen > Investor Loan Basics tab > Curtailment Minimum

Entry: User, numeric, 9 digits

F/M: Yes

Mnemonic: LNICMN

Screen: Loans > Investor Reporting > Loan Investor Fields > Investor Loan Basics tab

 

Use this field to indicate the minimum curtailment (extra principal payment) acceptable by the investor (or by your institution) for unsold loans.

 

If this field is left blank, any curtailment amount is accepted. If a negative number is entered in this field, no curtailment amount is accepted.

 

This information is copied from from the Curtailment Minimum field on the Loans > Investor Reporting > Investor Group screen (if valid information is entered in the Investor fields). The value entered in this field overrides any value entered in the Curtailment Minimum field on the Investor Group screen for the customer loan.

 

Note: An SOV override can be used to accept a curtailment for less than the amount entered in this field.