1. Line Origination User Guide
  2. Underwriting
  3. Decision Tab
  4. Subvention Sub Tab

7.8.6 Subvention Sub Tab

With the Subvention sub tab, available only for Line of credit, you can review the subvention information from the application entry and calculate the subvention amount, as well as override the calculated subvention amount. The participant’s information is automatically populated based on the selected subvention plan.

To complete the Subvention sub tab
  1. Open the Underwriting screen and load the underwriting application you want to work with.
  2. Click Decision > Subvention sub tab.
  3. Perform any of the Basic Operations mentioned in Navigation chapter.
    A brief description of the fields is given below:

    Table 7-33 Subvention

    Field Do this
    Plan Select the subvention plan.
    Description View the subvention plan description.
    Sub Plan Select the sub plan.
    Sub Plan Description View the subvention sub plan description.
    Subvention Type View the subvention type.
    Include Check this box to include this record in calculations on the Other Details sub section
  4. Perform any of the Basic Actions mentioned in Navigation chapter.
  5. In Subvention Detail section, perform any of the Basic Operations mentioned in Navigation chapter.
    A brief description of the fields is given below.

    Table 7-34 Subvention Detail

    Field Do this
    Subvention Detail section:
    Participant View the participant.
    Participant Type View the participant type.
    Collection Method View the collection method.
    Rate View the subvention rate.
    Rent Factor View the rent factor
    Calculation Method View the subvention calculation method.
    Factor View the factor.
    Calculated Amount View the calculated subvention amount.
    Subvention Amount Specify the subvention amount.
    Include View if the subvention is included in the application or not.
    Total Subvention Rate View the total subvention rate.
    Total Subvention Amt View the total subvention amount.
  6. Perform any of the Basic Actions mentioned in Navigation chapter.
  7. Select the Initialize button to reset the subvention amount to zero.
  8. Select the Calculate button to calculate the subvention amount.

Parent topic: Decision Tab