Documents & expenses
Promote a reported mortgage balance into loan history
A reviewed observation can add the principal balance, original principal, interest rate and origination date to an existing loan. Everything else stays as reported evidence.
How to use it
- Open Finance, Finance tools, Connections and find the private mortgage observation.
- Choose Review for loan history and pick the existing loan it belongs to.
- Check the values. Only principal balance (dated to the observation), original principal, interest rate and origination date can be promoted, with their source and date recorded.
- Your own values are kept. A balance you entered for the same day is preserved.
- Escrow, last payment, year-to-date amounts, fees, taxes and next payment are never promoted, and no balance or tax liability is worked out from transactions. Enter a refinance or payoff yourself.
Requires private financial connections (Ark+ and an enabled provider). Editors only.