Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Account tab > Payment and Classification field group > Original Balance

Entry: System, numeric

F/M: No

Mnemonic: LNOBAL

Screen: Loans > Account Information > Account Detail > Account tab

 

This field contains the original amount of the loan, which is used to calculate the Original LTV field (on the Origination/Maturity tab of the Loans > Account Information > Additional Loan Fields screen). On loans with precomputed interest (payment method 3), this amount will include the loan principal plus the add-on amounts. This field is originally entered through a teller transaction. However, you can file maintain this field if necessary.

 

WARNING: This field feeds to the New Loan Report (FPSRP023) for TFR reporting.