Viewing Loan Borrowers and References
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The Loans – Borrowers/References tab lets you view, add and maintain the borrowers and references on a loan. To access the Borrowers/References tab, under Member Services on the Portico Explorer Bar, click Account Information. The Overview tab appears on top. Click the Loans tab. Locate the member using the search tool on the top menu bar. Select the down arrow to select the search method, then enter the search criteria. Select the green arrow or press ENTER to locate the member.
Click the Select a Loan Account down arrow to select the loan note number and description. Then, click the green arrow. The General tab appears on top. Click the Borrowers/References tab.
How do I? and Field Help
The Borrower Information Detail group box displays the borrowers associated with the loan. To add a borrower, click Add. To view or maintain an existing borrower, click the View Details icon button. To delete a borrower, select the check box next to the borrower and click Delete. If a reference is associated with a borrower that is deleted, the reference will automatically be deleted at the same time.
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To delete a borrower, select the check box next to the borrower and click Delete. |
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The credit union-assigned number associated with the borrower. To view the complete taxpayer ID number, users must be assigned to the Portico – User Can View/Maintain TIN security group or a credit union-defined security group with the Portico – User Can View TIN permission. Valid values are 1-10 |
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The Social Security number of the borrower. Portico partially masks taxpayer ID numbers. Length: 9 numeric |
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The borrower’s account number if the borrower is a member of the credit union. Length: 12 numeric |
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If selected, the borrower is the primary owner of the loan. If not selected, the member associated with the loan is the account owner. Keyword: OW |
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The name of the borrower. Length: 25 alphanumeric |
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If selected, the borrower is covered by credit life insurance (CLI). This check box can only be selected for the borrower if the borrower is not flagged as owner of the loan and either: 1) the loan is coded for joint to single to none coverage, or 2) the loan is coded for single co-borrower insurance. |
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If selected, the borrower is covered by credit disability insurance (CDI). This check box can only be selected for the borrower if the borrower is not flagged as owner of the loan and either: 1) the loan is coded for joint to single to none coverage, or 2) the loan is coded for single co-borrower insurance. |
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The ECOA code that indicates how a borrower is reported to the credit bureau. If the Owner check box is selected on the Loan Borrowers/References dialog box, the ECOA column will be blank to indicate that the ECOA Code at the loan level will be used for credit bureau reporting. When the Owner check box is not selected, the borrower ECOA code can be any of the following valid values: 0 - Omit from Credit Bureau reporting. 1 - Individual (not available when adding a new borrower when booking a new loan in Portico) 2 - Joint Contractual Liability 3 - Authorized User. If selected, you must enter the borrower birth date. 5 - Co-maker or Guarantor 7 - Maker (co-maker liable if maker defaults) T - Terminated (not available when adding a new borrower) W - Commercial / Business. Be sure to set the Address Indicator to B if W is selected. (not available when booking a new loan in Portico) X - Deceased (not available when adding a new borrower) Z - Delete Customer (not available when adding a new borrower) If the ECOA Code field is T, X or Z, the borrower will be reported to the credit bureau one last time before no longer being reported. A blank ECOA Code field is interpreted as the value 0 - Omit from Credit Bureau reporting on the Portico host. Keyword: EC |
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Click the Details button to open the Loan Borrowers/Reference dialog box and maintain the reference details. |
The Reference Information Detail group box displays the references associated with the loan. To add a reference, click Add. To view or maintain an existing reference, click the View Details icon button. To delete a reference, select the check box next to the reference and click Delete.
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Click Add to display the New Loan Reference dialog box and add a new loan reference. |
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Select the check box and click Delete to delete the reference. |
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The individual the reference is associated with: the Primary Owner or Borrowers 01 – 10 from the Borrower Information grid. |
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The credit union-assigned number associated with the reference. Valid values are 1-10 |
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The name of the reference. Length: 25 alphanumeric |
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The relationship of the reference to the individual listed in the Reference for field. |
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The home phone number of the reference. Length: 14 numeric |
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The cellular phone number of the reference. Length: 14 numeric |
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Click the Details button to open the Loan Borrowers/Reference dialog box and maintain the reference details. |