Context Engine Glossary – Escrow

General

The context engine is a large database of retrievable variables, available for use throughout LoanPro software.

Using the escrow field you may generate various values for each escrow bucket. In this variable, the INDEX should be the ID of the specific bucket you would like to look at, and PROPERTY should be the property of the bucket which you would like to generate.

The variable for escrow is:

[[v('escrow.INDEX.PROPERTY')]] 
Escrow bucket ID’s can be seen in the “Expected Values” box of the context engine in the Escrow variable section, or in Settings > Loan > Escrow > Buckets.

Here are examples of what the variable would look like for displaying properties of an escrow bucket with an ID of 1:

Name

Variable

Description

balance

[[v('escrow.1.balance')]] 

Displays the balance of the escrow bucket on the loan for which it is generated (i.e. deposits - disbursements).

schedule-include

[[v('escrow.1.schedule-include')]]

Displays the current setting for the Include In Schedule setting of the escrow bucket, found in the Loan Settings > Escrow > select escrow bucket > Settings section of an account. 1 = yes, 0 = no.

apr-include

[[v('escrow.1.apr-include')]]

Displays the current setting for the Include In APR setting of the escrow bucket, found in the Loan Settings > Escrow > select escrow bucket > Settings section of an account. 1 = yes, 0 = no.

payoff-option

[[v('escrow.1.payoff-option')]]

Displays the selected payoff option for the escrow bucket (e.g. Full, None, Standard, Standard + 1 Period, Daily Straightline)

payment-application

[[v('escrow.1.payment-application')]]

Displays the selected payment application option for the escrow bucket (e.g. Next, Next/Standard, Pro-Rate, Standard)

disclosure-loan-amount-add

[[v('escrow.1.disclosure-loan-amount-add')]]

Displays the current setting for the Add To Loan Amount In Disclosures setting of the escrow bucket, found in the Loan Settings > Escrow > select escrow bucket > Settings section of an account. 1 = yes, 0 = no

extend-final

[[v('escrow.1.extend-final')]]

Displays the Escrow Extend Final setting for the selected escrow bucket found in the Loan Setup > Escrow Calculator section of an account. 1 = yes, 0 = no.

prorate-first-period

[[v('escrow.INDEX.prorate-first-period')]]

The prorate of the escrows first period.

regular-period

[[v('escrow.1.regular-period')]]

Displays the regular amount of escrow coming due in each period for the escrow bucket.

first-period

[[v('escrow.1.first-period')]]

Displays the amount of escrow coming due in the first period for the escrow bucket.

percentage-base

[[v('escrow.INDEX.percentage-base')]]

The percentage base for the escrow bucket.

percentage

[[v('escrow.1.percentage')]]

Displays the percentage of the percentage base that is being calculated for the escrow bucket.

total

[[v('escrow.1.total')]]

Displays the total amount that will come due for the escrow bucket once all payments have been made based off of a percentage type adjustment.

title

[[v('escrow.1.title')]]

Displays the title of the escrow bucket.


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