Collateral and Insurance

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Collateral and Insurance

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 4 months ago by Cole

Add Collateral Information

This article is going to go over how to add collateral information to a loan account in LMS.

Updated 2 months ago by Jackson Stone

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 11 months ago by Sloan

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 11 months ago by Sloan

Collateral Overview

Here, we explain a basic overview on the types of collateral and assigning collateral to a loan.

Updated 2 months ago by Jackson Stone