Loan program object

Loan Program objects represent the configuration for loan programs in your platform. They define settings for loan purchases, auto-selling, and account configurations. You cannot create new loan programs on your own. Please work with your Column team / Solution Engineer to create loan programs for your platform based on your Column use cases. Read more.

Object Parameters

auto_sell

boolean

Indicates if seasoned principals/interests should be automatically sold to your platform

auto_sell_business_day_only

boolean

Whether auto-sell only occurs on business days

close_after_sale

boolean

Indicates if loans that are not revolving should be closed after automatic sale. Read more.

collection_account_number_id

string

Default account number ID of your platform to deposit loan payments belonging to your platform in this loan program

created_at

date-time

The timestamp when the loan program was created

default_interest_config_id

string

ID of the default interest configuration for this loan program

description

string

The description of the loan program

id

string

The ID of the loan program

is_business_seasoning_days

boolean

Indicates if the default seasoning_days are business days or calendar days

is_revolving

boolean

Indicates if loans in this loan program are revolving

max_days_to_purchase

integer

Maximum number of calendar days for seasoned principals/interests to be purchased by your platform

purchase_funding_account_number_id

string

Default account number ID for your platform to fund loan purchases in this loan program

retained_by_column

boolean

Indicates if loans in this loan program are retained by Column

seasoning_days

integer

Default number of seasoning days for loans in this loan program

updated_at

date-time

The timestamp when the loan program was last updated