Navigation:  Loan Screens > Insurance Screen Group > Policy Detail Screen > Finance Charge Information tab >

Original Amount

Navigation:  Loan Screens > Insurance Screen Group > Policy Detail Screen > Finance Charge Information tab >

Original Amount

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Entry: User, numeric

F/M: Yes

Mnemonic: INNORG

Screen: Loans > Insurance > Policy Detail > Finance Charge Information tab

 

This field displays the original finance charge amount for the selected insurance policy.

 

Note: You should not make changes to this field on this screen. Making changes to this field may require the P/I Constant to change, and changing the Finance Charge Original Amount here will not change the P/I Constant, nor will it credit your institution's applicable General Ledger account number. Instead, use the Loans > Insurance > Adjustments screen to cancel the insurance policy and use the Loans > Insurance > Force Place  to create a new force-placed VSI insurance policy.

 

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