Add Escrow Transaction

This request allows you to add 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. transaction to a loan.

General

Escrow transactions allow you to record, deposit, and withdrawal transactions for your Escrow BucketsEscrow Buckets - System for classifying escrow on an account with three main sections: transactions, adjustments, and settings. Escrow buckets can be created in Settings > Loan > Escrow > Buckets. within LoanPro. Here's what you need to know about this request:

  • The EscrowTransactions object is nested within the Loans entity, and it holds transaction history.
  • Escrow Calculators use Escrow BucketsEscrow Buckets - System for classifying escrow on an account with three main sections: transactions, adjustments, and settings. Escrow buckets can be created in Settings > Loan > Escrow > Buckets.. You will need to create one before adding a calculator, but you can do so via the API

For an example of how escrow transactions work within the UI, take a look at our Create a New Escrow Transaction article on our help site.

And for more information regarding Escrow transactions, read our API – Escrow Transaction article.

Database

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

{
  "EscrowTransactions": {
    "results": [
      {
        "date": "2022-11-24",
        "amount": "100.00",
        "type": "transaction.type.withdrawal",
        "category": 7,
        "description": "Standard Escrow Fee",
        "subset": 2
      }
    ]
  }
}

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Try It Instructions

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