Action parameters

You can update the loan information after a loan was partially funded. Update the relevant parameters from the list below. Any loan funding information that you changed, shows with the word Adjusted before it.

Attributes

Description

AdjustmentActionType

LoanAdjustmentAction

Type of update made to the loan

Required  

ActionAmount

decimal

 

Dollar amount of the change to the loan

Required  

Description
string

Description of the reason for the loan adjustment.
1 - 30 characters.

Required  

UpdatedBy

string

 

By whom the information was updated

Optional 

UpdatedOn

string

Date/ time the information was updated

Optional 

LoanId

string

Unique identifier of the loan

Optional 

AdjustedLoanAmount

decimal or null

Adjusted gross dollar amount requested.

Optional 

AdjustedNetFunding

decimalor null

Adjusted net dollar amount to fund

Optional 

AdjustedOriginationFee

decimal or null

Adjusted charge to the borrower for the loan

Optional 

Optional 

AdjustedCurrentMonthlyPayment
decimal or null

Adjusted monthly payment amount

Optional 

AdjustedFinalPaymentDate

DateTime or null

Adjusted date due for final loan payment.

The format must be: yyyy-mm-dd.

Optional 

AdjustedFinalPayment

decimal or null

Adjusted dollar amount of final payment

Optional 

AdjustedFinanceCharge

decimal or null

Adjusted finance charge paid by the borrower

Optional 

AdjustedTotalPayments

decimal or null

Adjusted total paid by the borrower after all the payments have been made

Optional 

AdjustedAPR

decimal or null

Adjusted annual percentage interest rate, as a percent

Optional 
Copy
JSON
{
   "FundingInfoUpdate":{
      "Rails":[
         {
            "AdjustmentActionFields":{
               "AdjustmentActionType":"Prepayment",
               "ActionAmount":300,
               "Description":"customer payment"
            },
            "RailType":"AdjustmentAction",
            "Priority":1,
            "Amount":300.0
         }
      ]
   }
}