NetLoan - Down Payment Invoicing Setup

Use Case: NetLoan allows for billing/invoicing the down payment of a loan. Follow the steps below to enable this feature.

STEP BY STEP PROCESS

• Navigate to the NetLoan Setup page by going to NetLoan > NetLoan Setup > System Setup, then click on the Loan Origination Subtab.

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• On the Loan Origination Subtab, navigate to the Down Payment Settings section and check the Allow Billing of Down Payment box.

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• Click Save.
• Bills/invoices can now be generated for the down payment. Follow the Automated Billing article for step-by-step instructions on how to generate bills/invoices.