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Adding Collateral Information

End users can use the Real Estate Collateral, Vehicle Collateral, and Other Collateral views to track collateral information. For consumer loans, collateral typically consists of real estate, automobiles, bonds, and cash.

To add collateral information

1. Navigate to the Applications screen > Applications List view.
2. Drill down on an application, and click one of the following view tabs:
   • Real Estate Collateral
   • Vehicle Collateral
   • Other Collateral
3. In the collateral list, add a record and complete the necessary fields.

   NOTE:  To select collateral to add to the application, the collateral must first be defined as an asset in the Financial Position view. For more information about adding assets, see Adding Consumer Detail Information.