Navigation:  Loan Screens > Payoff Screen > Balances tab >

Subsidy Balance

Navigation:  Loan Screens > Payoff Screen > Balances tab >

Subsidy Balance

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Entry: System, numeric

F/M: No

Mnemonic: POSBAL

Screen: Loans > Payoff > Balances tab

 

This field displays the amount held and used to subsidize the regular payment made by the customer. This amount is commonly paid by a builder or a government agency.

 

The amount in this field is subtracted from the payoff Amount when the payoff is processed. This field is not file maintainable.

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