Confirming Loan Applications

This subsection instructs how to confirm loan applications.
The Collateral Manager can confirm only those loan applications which collaterals have been revalued after a corresponding valuation period has expired (for more information, see the description below).
To confirm a loan application:
1) Above the table displaying the list of loan applications, click the All split button and select Revaluation to filter the loan applications.

After the filter has been applied, the table displays all loan applications in which a valuation period of at least one collateralized property has expired (for more information on how to specify a valuation period, refer to the Valuing Collaterals subsection above).
2) In the table, select a loan application.
The Collaterals tab displays all collaterals specified for a selected loan.
A loan application can be confirmed if all collaterals have been revalued since expiration of the valuation period (refer to the Revaluing Collaterals subsection above). In this case, the check mark is not displayed for the Needs Valuation property opposite the Revaluate action type of corresponding collaterals:

3) Above the table, click the Confirm button.
The loan application has been confirmed and is not displayed on the Collateral workplace.