Loans > Loan Screens > System Setup Screens > Loan Funding Transactions Screen

A loan field number identifies the field from which money is debited or credited during certain transactions.

Not all transactions require a field number. Field debits (Transaction Code 500) and field credits (Transaction Code 510) require field numbers:

•A 500 transaction performs a debit to a loan monetary field. This also requires identification of the debited field. For example, if you want to debit the loan's principal balance, you would use field "47." This would be a Transaction Code 500 using field number 47.

•A 510 transaction performs a credit to a loan monetary field. This also requires identification of the credited field. For example, if you want to credit the loan's principal balance, you would use field "47." This would be a Transaction Code 510 using field number 47.

See the following available field numbers:

Field #	Loan Amount Field	Description	Tran Code
1	L-12 Dealer Prepaid Interest/Premium	Amount of dealer prepaid interest/premium	210/200
31	L-23 Deferred MSR	Amount of remaining MSR	500/510
33	L-14 Partial Payments	Not used on simple-interest loans	500/510
37	L-22 Deferred Discount/Gain	Amount of remaining discount/gain	500/510
39	L-23 Deferred Premium/Loss	Amount of remaining premium/loss	500/510
47	L-4 Principal Balance	Principal balance (for principal decrease)	500/510
50	L-4 Principal Balance	Principal balance increases	500/510
53	L-5 Interest	Accrued interest (interest-only payments). For precomputed loans (payment method 3), this is the unearned interest. When run for precomputed loans, this transaction places the unearned interest amount in the Original Unearned Interest field (LN78O1), the Unearned Interest At Last Accrued (LN78C1), and the G/L Unearned Interest field (LN78CG), all found on the Loans > Precomputed Loans screen in CIM GOLD.	500/510
54	L-5 Interest	Interest due (interest-only payments)	500/510
55	L-9, L-10 Deferred Interest	Deferred interest	500/510
62	L-6 Reserve One Balance	Amount of reserve one balance; tran code 510 only	510
71	L-7 Reserve Two Balance	Amount of reserve two balance; tran code 510 only	510
98	L-16 LIP Balance	LIP undisbursed balance	500/510
99	L-17 LIP Customer Balance	LIP customer balance	500/510
102	L-18 LIP Interest	LIP accrued interest	500/510
107	L-13 Subsidy Balance	Subsidy balance	500/510
142	L-15 Miscellaneous Funds	Miscellaneous funds	500/510
235	L-22 Deferred Fees	Amount of remaining deferred fees	510/500
51245	L-23 Deferred Costs	Amount of remaining deferred costs	500/510
1, 2, 3, etc.	L-22 Amortizing Fees	Amount of the amortizing fees. The amortizing Fee Code field (F1FEEC; loan posting field #25) will be used as the field number. The amortizing fee code can be up to four digits long. Amortizing Fee Code fields are found on the Loans > Account Information > Amortizing Fees and Costs in CIM GOLD.	900/910

Note: Both Field Codes 53 and 54 are the same field, but they are titled differently depending on the payment method code. However, both fields are titled ACC INT in history screens.

Any time a field credit (tran code 510 or 518) or debit (tran code 500 or 508) to principal or interest is processed, the current loan due date displays with the transaction in the history. This is necessary so investor reports can determine if the credit or debit was processed on a delinquent account. Note: Most history fields only display changed information; however, this field displays the due date for reporting purposes regardless of any changes.

Loan Field Numbers

Loan Field Numbers