Loans

Loan sale object

A loan sale object represents the sale of a loan by Column to your platform. When a loan is sold, you purchase the principal and interest receivables from Column, and are paid a servicing fee. Read more.

Object Parameters

amount

integer

The total sale amount in cents

created_at

date-time

The timestamp at which the loan sale was created

currency_code

string

The currency code of the sale amount. Currently only USD is supported.

description

string

The description of the loan sale

id

string

The ID of the loan sale object

idempotency_key

string

The idempotency key specified in the loan sale

loan_id

string

The ID of the loan being sold

paid_servicing_fee

integer

The amount of servicing fees in cents paid to your platform by Column

purchase_funding_account_number_id

string

The ID of the account number in your platform that was funded to complete this sale

sold_at

date-time

The timestamp at which the loan sale was completed

sold_interest_receivable

integer

The amount of interest receivable in cents sold to your platform

sold_principal_receivable

integer

The amount of principal receivable in cents sold to your platform

updated_at

date-time

The timestamp at which the loan sale was last updated