Loan Sources
A loan source is an organization for which loans are processed. Use the loan source maintenance feature to maintain detailed information on loan origination sources (that send loan applications to your institution) such as dealers, branches, and stores.
The information that you can store includes the source identification number, business name, address, and source contact information.
- Covered Topics
- Adding Loan Sources
The source of the loan can be defined as the organization, location, or method which originally supplied the loan application to your institution through the sales process. It may include a branch, store, or an indirect loan source such as an auto dealership. - Modifying Loan Sources
Administrators can modify, activate, or deactivate loan source information. - Deleting Loan Sources
Use the Loan Sources page to delete loan source information from the system. - Activating and Deactivating Loan Sources
Each loan source in the Application Processing Module has a status of either Active or Inactive.