Loans Multiple Disbursement Recalculates Amortization On Disbursed Amount
Last updated on NOVEMBER 21, 2017
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.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms