For more information, see Mortgage Loan Processing.

1. Choose Transaction Management ® Mortgage Loan ® Application/Contract Offer/Contract ® Create.

The Create Application/Contract Offer/Contract: Initial Screen appears.

When creating an application, contract offer or contract, you have the following options:

1. Enter new master data for the application, offer or contract.
2. Copy the relevant master data from an application, offer or contract created previously.

Choose Copy from... . In the Copy Contract screen, enter the details for the loan you want to copy. The following master data can be copied:

1. Conditions
2. Collateral
3. Loan partners
4. Objects
5. Encumbrances
3. You can copy the data for the application, offer or contract from a sample loan. In this case, you copy predefined settings. These settings can then be adapted to meet specific customer requirements.

On the Reference data section, enter the number of the sample loan. Choose Enter.



You can only transfer data from a sample loan if a sample loan has been defined. (You create sample loans by choosing Sample loan.)

2. Enter the company code and product type. Depending on your Customizing settings, either the system or the user assigns the Loan number. Choose Enter.
1. The Choose Partner: Initial Screen appears. Here, you can enter search criteria for existing partners. A list of partners corresponding to your selection appears.

Alternatively, choose Enter twice to call up a list of all existing business partners.

Select the relevant loan partner. The Change Business Partner: Name screen appears.

2. To create a new partner, enter the name of the partner in the Choose Partner: Initial Screen dialog box. Choose Enter. The following selection buttons appear at the bottom of the box:

Person / Organization / Assign customer

Choose the relevant function. The Create Business Partner: Name screen appears.

3. Enter the relevant partner data, or make any necessary changes to the existing data.
4. Choose Save. The Role dialog box appears. Assign the role of Main borrower or Main loan partner to your business partner.
5. The Create Application/Contract Offer/Contract screen appears. Here, you can enter the following loan information:
1. Basic data: Key data, organization data, data relating to syndicates/assignments, reference data
2. Conditions: Basic data, contract/effective interest, offer/acceptance, notice



You can define one or several offers under each contract offer number. Each offer corresponds to a draft contract with a specific set of conditions, commitment capital, repayment type and interest calculation method. This allows you to present the borrower with various alternative contract offers.

On the Conditions tab, choose Next offer to create additional offers.

3. Objects: Create object, assign object, encumbrances (basic data, additional data and special arrangements)
4. Collateral: Create collateral, assign collateral
5. Correspondence: File number, dunning, external account statement, interest certificate

From the screen for creating an application, contract offer or contract, you can also branch to the following screens:

6. Partner overview
7. Payment details
8. Regulatory reporting
9. Calculate cash flow
10. Total commitment
11. Generate correspondence
12. File
6. Save your entries. The loan has the corresponding status (application, contract offer or contract).