- Updating a Loan Application
- Updating a Loan Application
- Use the
- My Tasks
- page to view all loan applications on which you have to act.
- The
- My Tasks
- page automatically opens after you log into Oracle Business Process Management Workspace.
- Select the loan application task you want to update. What you can update depends on the state of the application and your role. In this example, the application was previously saved before submission, and you are the loan officer.
- Click the task to open it in the
- Task Details
- section. Double-click the task to open it in a new window. In this example, you will double-click the task.
- You have completed the
- Updating a Loan Application
- topic.
- Next, update applicant information.
- First, add an applicant. In this example, you will add a person already in the FSLO database.
- You can specify search criteria or click
- Search
- without criteria to list all persons in the FSLO database.
- The search lists persons that meet your criteria. Select the person you want to add as an applicant.
- Next, add information about the new applicant. In this example, you will add an asset.
- Click
- Save
- if you need or expect to receive more information for the loan application. This saves the application without submitting it.
- Use the
- Create Loan Application
- page to revise a previously saved loan application.
- Use the
- Applicants
- tab to add applicants or applicant information.
- Use the
- Applicant Detail
- tab to view saved applicant information.
- Use the
- Assets & Liabilities
- tab to enter applicant asset and liability information.
- Original Path
- Task
- Loan Purpose
- Loan Purpose
- Term (in months)
- Term (in months)
- Payment Frequency
- Monthly
- Applicants
- Applicant Search
- Search
- Add
- Applicant Type
- Borrower
- Assets & Liabilities
- Add
- Type
- Automobile
- Sub Type
- Car
- Value (USD)
- Value (USD)
- Ownership Type
- Individual
- Description
- Description
- Actions
- Save
- At some point, you may need to make corrections or add information to a loan application. Gathering information for application submission can take time, and you may require several cycles of updating and saving. In addition, an applicant's circumstances may change at any point in the application process.
- In this topic, you will update a loan application.