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Loans Multiple Disbursement Recalculates Amortization On Disbursed Amount (Doc ID 1363118.1)

Last updated on FEBRUARY 22, 2019

Applies to:

Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.


With the multiple disbursement functionality, the current amortization is recalculated on the amount disbursed.
You are working with federal loan programs and need to bill against the original amortization, even if the full amount of the loan has not been disbursed. 


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