Context Engine Glossary – Setup Terms
The context engine is a large database of retrievable variables, available for use throughout LoanPro software. These are the following variables for setup terms:
The money factor of a lease.
The residual value of a lease.
The selected grace period for an account.
First Payment Due Date
The selected first scheduled payment date of an account.
The contract date of an account.
Interest Rate Type
The interest rate type of an account (e.g. Annually, Monthly, Weekly, etc.)
The interest rate of an account.
Custom Days In Period
The custom days in period setting of an account (Only applicable if the Frequency is set to custom.)
The selected payment frequency of an account.
The term of an account.
The underwriting fee on an account.
The discount of an account.
Total Loan Amount
The total loan amount of an account.