Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Payment Detail tab > Payments Due field group > Misc Funds

Entry: System, numeric

F/M: No

Mnemonic: LNMISC

Field group: Payments Due

 

This field is generally not used by GOLDPoint Systems. This field shows all miscellaneous funds on the loan. This is a money field entered through a teller transaction only. The use of this field can be determined by your institution. Possible uses are insurance claim funds or rents collected on properties in foreclosure. The Misc Funds field is a memo field for payment method 8 loans-rentals.