Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >

Original Balance

Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >

Original Balance

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Entry: System, numeric

F/M: Yes

Mnemonic: LNOBAL

Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab

 

This field contains the original amount of the loan, which is used to calculate the Original LTV field. 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 during loan origination (either through GOLDTrak or GOLDTeller).

 

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

 

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