Adjustment Action parameters

1min

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


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

﻿
﻿

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 decimal or 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

🤔

Have a question?

Our super-smart AI, knowledgeable support team and an awesome community will get you an answer in a flash.

To ask a question or participate in discussions, you'll need to authenticate first.

﻿

Updated 07 Oct 2024

Did this page help you?

ACH returns

Check parameters