Target APR Using Escrow

This request allows you to target an APR amount by changing a loan's escrow settings.

   Click here to learn more about this request

LoanPro features a targeting tool that can adjust escrow to reach a specific APR:

• APR is calculated via a number of factors, but this tool will adjust the loan's interest rate to reach the desired APR.
• The targeting tool can only be used on accounts that are not activated.
• To use this request, the loan must also have an Escrow Buckets configuration set on the loan. The ID of the bucket is used in the solve parameter.

For an example of how targeting APR works within the UI, take a look at our APR Targeting article.

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Pay special attention to the endpoint of this request.

This request does not use OData, so it's not included in the endpoint like most other LMS requests.

Database

For information on loan setup database tables, see the following articles:

• Database – Loan Setup (loan_setup_entity)
• Database – Loan Table (loan_entity)
• Database – Escrow calculator (escrow_calculator_entity)
• Database – Escrow Subset Entity (escrow_subset_entity)

EscrowSubsetPayload

{
  "apr": "24.87",
  "solve": 1
}