Add Collateral to a Pending Loan Application

The step-by-step directions below explain how to add collateral to a pending loan application.

1. Launch Tool #2 Work/View Loan Application Status (LOANQ).

2. Select the application you’d like to add collateral to and select Work With Loan Request.

3. Select the application and Work With Loan Request again.

4. Select Complete Loan App.

   • This button will read External Loan App if the delivery channel was an external source.

5. Select Update Collateral.

6. On the Collateral detail screen, enter the information about the collateral.

7. Select Save/Update to save the collateral record.

8. Select Save/Done.

   • Select Confirm to move past the Loan App Check Results screen, if presented.

9. Select Save/Done.

Learn More

Collateral Tracking Tools