Navigation: Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >
Miscellaneous Funds
Entry: System, numeric
F/M: No
Mnemonic: LNMISC
Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab
This field is a memo field for payment method 8 loans (rentals). This is a money field, entered through a teller transaction only, that can be used in any way by your institution. The field cannot be file maintained. Possible uses are insurance claim funds or rents collected on properties in foreclosure.