Everything about a loan on one page.
The loan file is where servicing staff spend their day. Balance owing, the next payment, arrears and maturity are at the top; terms, fees, parties, documents and the full history are one tab away.
Step by step
- Open the loanFrom the deals list, a search, a payment or a task.
- See where it standsBalance owing, next payment, arrears and maturity at a glance.
- Act from the fileRecord a payment, adjust terms, add a charge, start a renewal or issue a payout statement.
- Check the historyEvery payment, change, notice and note in the status history.
What changes
- Answer any borrower or lender question in seconds
- Every action starts from the right place
- A complete record for audits
Used by
- Servicing staff
- Collections
- Owners
Capabilities
Key figures
Balance owing including interest due, arrears and fees; next payment; maturity.
Terms and fees
Rate (including scheduled changes), payment, per diem, LTV and combined LTV, every fee and its status.
Parties
Borrowers, guarantors, lenders and their positions, lawyers and broker.
Holdbacks and reserves
Amounts held and applied, including property-tax reserves.
Documents and notes
Everything filed against the loan, plus notes and tasks.
Status history
A dated record of every event on the loan.
Questions about the loan file
Can a loan's history be edited?
No. The loan ledger is append-only: corrections are made by reversing entries, so the history is always complete.
Works together with
Payment schedules & loan ledger
Interest-only or blended payment schedules on any frequency with semi-annual compounding, interest adjustments, prepaid interest and an append-only loan ledger.
Learn more →PAD & payment collection
Build CPA-005 pre-authorized debit files from loan schedules, record cheques and e-transfers, batch-enter payments and import settlement and return files.
Learn more →Mid-loan changes
Change the rate, frequency or payment date, advance more funds, accept paydowns or defer interest mid-term, with a payment preview, amending agreement and regenerated schedule.
Learn more →See your loan book in Amortivo.
A 30-minute walkthrough with your own scenarios — origination to investor payout.