Add/Edit Escrow Adjustment

This request allows you to add or edit an escrow adjustment.

General

This request allows you to add, edit, or even delete an escrowescrow - Functionality that is designed to let you add additional amounts to regularly scheduled payments that don’t apply to any other parts of the loan such as interest, principal, discount, or fees. Adding escrow to an account is similar to adding an additional fee to each payment. adjustment. Here's what you need to know about this request:

  • An escrow adjustment consists of two pieces of data: the payment period when the escrow amount will start to be added to payments, and the amount that will come due with each payment.
  • When you enter an escrow adjustment, it will affect all payments from the payment period you enter forward.
  • EscrowAdjustments is its own object, and it is nested within the Loans entity.

For more information on Escrow adjustments, take a look at our API – Escrow Adjustments article on our help site.

And for an example of how escrow adjustments work within the UI, take a look at our Create a New Escrow Adjustment article.

Database

For information on escrow database tables, see the following articles:

{
  "EscrowAdjustments": {
    "results": [
      {
        "date": "2015-11-23",
        "amount": "94.83",
        "subset": 2,
        "period": 23
      }
    ]
  }
}

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Try It Instructions

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