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How can I set up multiple Global Initial Fees in Margill Loan Manager?

Question: How to set Global Initial Fees which are a) a flat $100, b) a Dealer Fee of 7% of the loan amount and c) an Admin one time initial fee of 7% of the loan amount. These fees are financed, not paid up front… How and where do I set the Initial 3 fees […]

Why am I not getting the right amount of interest for a month?

Question: Why am I not getting the right amount of interest for a month? I’ve created a payment schedule for my client for a $250,000 loan with these dates (my date format is Day/Month/Year, so the first payment is one month after May 5).

How do we update the interest rates for multiple records at once?

Question:  The Prime rate changed. How do we update the interest rates for multiple records at once?

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