Collateral and Insurance

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Collateral and Insurance

Add Collateral Information

LoanPro's latest release adds the option to link multiple collateral items to a single loan. General. Recording collateral information in your notes is vital to effectively tracking and servicing you…

Updated 2 weeks ago by Sloan

Collateral Overview

LoanPro's latest release adds the option to link multiple collateral items to a single loan. General. While not all loans are secured with collateral, collateral is important to track for many loans.…

Updated 2 weeks ago by Cole

GPS Links

General. In the world of automotive lending, it has become a very popular method of securing collateral to install a GPS unit on vehicles so they can be more easily repossessed. The GPS Links setting…

Updated 2 months ago by Sloan

Insurance

General. At times, you may want to track insurance information for different kinds of collateral, such as homeowner’s insurance or auto-insurance. To help facilitate this process, LoanPro allows you…

Updated 1 month ago by Sloan

Using Collateral Fields

General. For different types of collateral (automobile, consumer, real estate, or other), you'll want to track different information in the collateral fields that pop up when first creating a loan. L…

Updated 2 months ago by Cole