Financials: Funded Loan Report

Financials: Funded Loan Report




The Funded Loan Report lists most of the revenues and expenses for each funded loan between a funding date range per Encompass. 

Tips:
  1. Transactions will appear one day after the transaction has been posted in the Accounting system. 
  2. Command Center Financials data refreshes nightly around 1am PDT. This means:
    1. If Accounting posts: an invoice, payment, reclass or any transaction today, you will see it reported in Command Center Financials the next day. 
    2. Fundings will show in Command Center Financials in two business days after the funding date.  
  3. Use the menu bar options at the top of the Funded Loan Report to perform actions:

    4.   

View the Funded Loan Report

      1. Navigate to Financials from the left-hand menu. 
     2. Funded Loan Report is the second tab on the Financials page. Select your Branch, Date Beginning and Date Ending (best practice to enter a full month date range), then click on View Report. 
  1. Note: If a drop-down menu doesn't automatically disappear, click on the drop-down menu again to make it disappear. 


     
      3. This will display the revenue and expenses. 
  1. Loan Officer
  2. Funding Date
  3. Loan Number
  4. Borrower Name
  5. Channel
  6. Loan Amount
  7. Origination Fee 
  8. Branch Margin
  9. Lender Credit
  10. Fee Income
  11. Corporate Fee
  12. Processing Fee
  13. Brokered Loans
  14. Commission Paid to the Loan Officer
  15. Loan Revenue: Total of the revenue and expense amounts: Origination, Branch Margin, Lender Credit, Fee Income, Corporate Fee, Processing, Brokered Loans and Commission Paid columns. 
  16. Loan Type
  17. Product
  18. Click the link to view a comprehensive P&L Report for a single loan. This will show all revenue and expenses allocated to the loan, including other expenses not shown on the funding report like: EPO/EPD, credit reports, VOD/VOE/VO and quality control. 


If you have any questions specific to the data being reported in Command Center Financials Reporting: 
  1. Northeast (D'Onofrio/Schultz) Division please contact Leonard Kupersmith LKupersmith@afncorp.com. 
  2. All other branches contact financials@afncorp.com with screenshots of the transaction in question. 



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