Add Collateral to Loan

These steps explain how to add a collateral record to a loan (i.e. mortgage or auto loan) that has already been created.

1. Launch Tool #51 Miscellaneous Loan Maintenance.

2. Input the account and loan suffix in the Additional Loan Information Maintenance pop-up.

3. Click the forward arrow.

4. Check the 'Collateral ' box on the Additional Loan Information Selection screen.

5. Click the forward arrow.

6. Select a collateral type on the Collateral Selection (Change) screen.

7. Click Select.

8. Input the collateral information on the Collateral Identification (Change) screen.

9. Click Add.

Learn More

Learn about collateral title and property tax tracking.