API – Escrow Collections

General

This article is going to go over the escrow collections in the API.

Escrow Subset Availability (loan.escrowAvailability)

Variable

Description

loan.escrowAvailability.both

Available for both loans and leases

loan.escrowAvailability.lease

Available only for leases

loan.escrowAvailability.loan

Available only for loans

Escrow Extend Final (loan.escrowextendfinal)

Variable

Description

loan.escrowextendfinal.no

Don’t extend escrow periods after the originally calculated final payment date of a loan

loan.escrowextendfinal.yes

Do extend escrow periods

Escrow Map Through Modification (loan.escrowmap)

Variable

Description

loan.escrowmap.no

Don’t map escrow periods through loan modifications

loan.escrowmap.yes

Do map escrow periods through loan modifications

Escrow Payoff (loan.escrowpayoff)

Variable

Description

loan.escrowpayoff.full

The escrow payoff was paid full.

loan.escrowpayoff.none

The loan had no escrow payoff.

loan.escrowpayoff.standard

The standard escrow payoff on a loan.

loan.escrowpayoff.standardPlus

The standard plus period on an escrow payoff.

loan.escrowpayoff.straightline

The daily straightline on an escrow payoff.

Escrow Percent Base (loan.escrowPercentBase)

Variable

Description

loan.escrowPercentBase.basePayment

Percentage based off of base payment amount

loan.escrowPercentBase.loanAmount

Percentage based off of loan amount

loan.escrowPercentBase.salesPrice

Percentage based off of sales price

Escrow Payment Application (loan.escrowpmtapp)

Variable

Description

loan.escrowpmtapp.next

loan.escrowpmtapp.nextStandard

loan.escrowpmtapp.prorate

loan.escrowpmtapp.standard

Escrow Prorate First (loan.escrowProrateFirst)

Variable

Description

loan.escrowProrateFirst.full

Prorate the full period.

loan.escrowProrateFirst.none

Don't prorate, and instead charge

loan.escrowProrateFirst.shortOnly


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