Uses the Component:SellerAssistedLoanType
The SellerAssistedLoan represents information related to the dealer's down payment loan to the applicant.
Table 6.105. Fields and Components
| Name | Description | Occurrence | Type | Data Type | User Notes |
|---|---|---|---|---|---|
| ProceedsAmount |
Proceeds received by a dealer for providing a portion of financing directly to the customer. | 0..1 | Field | udt:AmountType | |
| AmountFinanced |
The total amount financed for seller-assisted loan. | 0..1 | Field | udt:AmountType | |
| FinanceChargesAmount |
The finance charges for the seller-assisted loan. | 0..1 | Field | udt:AmountType | |
| TotalLoanAmount |
The base amount of the seller-assisted loan plus the finance charges. | 0..1 | Field | udt:AmountType | |
| NumberOfPaymentsNumeric |
Indicates the number of payments for the seller-assisted loan. | 0..1 | Field | udt:NumericType | |
| PaymentAmount |
Amount of regular seller-assisted loan payment. | 0..1 | Field | udt:AmountType | |
| AmountToDeferredDownPayment |
Amount of loan applied to a deferred down payment. | 0..1 | Field | udt:AmountType |
The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.
Example 6.105. SellerAssistedLoan
<SellerAssistedLoan>
<ProceedsAmount>......</ProceedsAmount> [0..1]
<AmountFinanced>......</AmountFinanced> [0..1]
<FinanceChargesAmount>......</FinanceChargesAmount> [0..1]
<TotalLoanAmount>......</TotalLoanAmount> [0..1]
<NumberOfPaymentsNumeric>......</NumberOfPaymentsNumeric> [0..1]
<PaymentAmount>......</PaymentAmount> [0..1]
<AmountToDeferredDownPayment>......</AmountToDeferredDownPayment> [0..1]
</SellerAssistedLoan>