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

Entry: System, numeric

F/M: No

Mnemonic: LNTYPE

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

 

This is the loan type. It is defined by and used within each separate financial institution. The Loan system does not use the loan type for account classification. Data entered in this field may, however, be printed on reports and used to sort fields on such reports for loan servicing convenience.