Handle Request for Early Payback of Consumer Mortgage Loan Due to Sale of Property
sd Handle Request for Early Payback of Consumer Mortgage Loan Due to Sale of Property
:Session Dialogue
:Servicing Order
:Party Lifecycle
Management
:Customer Products and
Services
:Mortgage Loan
Calculate Escrow Balance
Calculate Pay Off Balance
Monitor Incoming Payments
:Product Directory
:Collateral Asset
Administration
:Document Services
:Correspondence
:Payment Order
:Position Keeping
:Financial Accounting
Handle Request for Early Payback of Consumer Mortgage Loan
Verify Retail Customer
Retrieve All Products of This Customer
Retrieve Details of Mortgage Loan to Be Paid Back
Confirm Early Payback with Customer
Close Mortgage Loan Early
Retrieve Penalty Interest Rate and Fee Amounts
Prepare Final Settlement Document
Send Final Settlement Document to Customer and Notary
Receive Settlement Documents from Notary
Verify Correctness of Settlement Documents from Notary
Create Bank Internal Payment Order to Zero Loan Account
Release Collateral
Deactivate Loan Account
Set Account Status to Closed
Send Statement of Full Payback to Customer