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.

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.

Updating a Loan Application

You have completed the Updating a Loan Application topic.

Double-click the Task object.
Click in the Loan Purpose field.
Enter the desired information into the Loan Purpose field. Enter
a valid value
e.g.
"Home Office"
.
Click in the Term (in months) field.
Enter the desired information into the Term (in months) field. Enter
a valid value
e.g.
"60"
.
Click the Payment Frequency list.
Click the Monthly list item.
Click the Applicants tab.
Click the Applicant Search button.
Click the Search button.
Click an entry in the row.
Click the Add button.
Click the Applicant Type list.
Click the Borrower list item.
Click the Assets & Liabilities tab.
Click the Add button.
Click an entry in the row.
Click the Type list.
Click the Automobile list item.
Click the Sub Type list.
Click the Car list item.
Click in the Value (USD) field.
Enter the desired information into the Value (USD) field. Enter
a valid value
e.g.
"10000"
.
Click the Ownership Type list.
Click the Individual list item.
Click in the Description field.
Enter the desired information into the Description field. Enter
a valid value
e.g.
"Honda Sedan"
.
Click the Actions button.
Click the Save list item.
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