In order to adverse a loan, the file must have the six minimum pieces to create an application.
- Open the loan in iMP
- Hover over Loan in the Mega Menu and select Adverse this Loan under the Loan Information section.
- The Adverse Reason popup will appear, and the user must select a reason for Adversing this loan from the dropdown menu.
- Now the user must provide a detailed description in the free type window. Click Adverse.
- The loan will now be removed from your Pipeline queue to your Adverse queue.
- Clients have the option to pass the Adverse action data into their LOS system if they prefer.