Loan Applications Setup

Use Setup > Assumptions > Loan Applications to tailor the institution's loan assumptions by product. The settings found here provide Chief Loan Officers (CLOs) and senior credit officers with considerable flexibility for defining assumptions.

Once established, other lending officers can use these assumptions to accurately price loans and to allocate expenses based on loan criteria such as loan type, loan amount, complexity, and risk factors.

Expense and loan loss sets must be created first, on the Expenses and Loan Losses pages, before loans can be set up on the Products page.

The institution's loan products can be added to the Products page. The products can range from commercial to consumer. You can assign unique characteristics, such as capital allocation, expense sets, and risk sets, to each loan product.