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

Secondary Balance

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

Secondary Balance

Previous pageReturn to chapter overviewNext page

Entry: System, numeric

F/M: Yes

Mnemonic: LNBAL2

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

 

This field usually contains the balance of the first mortgage, if this loan is a second mortgage. The amount in this field is used to calculate the original and current loan-to-value ratios.

 

©2017 GOLDPoint Systems. All rights reserved.