Glossary

Term	Description
Mortgage Facility	A mortgage facility is a line of credit provided by the bank to a customer with the property as collateral. It entitles the customer for drawing multiple loans against the property or facility.
Total Outstanding Loan Balance	The total amount of loan pending to be paid by the borrower, including the summation of Principal and Interest.
Commitment Amount	The total amount borrowed from the lender for the property.
Utilized Amount	The amount that is been utilized by the borrower against the commitment amount as a part of Drawings.
Total Paid to Date	The total amount of Installments repaid to date.
Property Address	The address of the property given as collateral against the loan.
Property Type	The type of property. Example (House, Apartment etc.)
Commitment Term	The total period taken for the repayment that is the combination of Years and Months.
Effective Date	The Start date from which the loan is taken.
Maturity Date	The End date when the Tenure would get over.
Account Number	The Account number with respect to the facility taken.
IBAN	A standardized international numbering system developed to identify Individual Overseas bank accounts.
Primary Borrower	The Initial borrower of the Mortgage Facility.
Co-Borrower	The additional borrowers with the Primary Borrowers.
Loan	The drawing taken by the user for the facility still active and has some outstanding amount to be paid.
Remaining Balance	The remaining balance to be paid includes the interest for each drawing.
Next Payment Amount	For the respective drawing, the Next Installment amount to be paid.
Next Payment Due	For the respective drawing, the due date for the next payment installment amount.
Total Overdue	If there is any failure in the previous installment payments, those get accumulated and shown as overdue under each drawing.
Outstanding Balance (Drawings)	The total outstanding balance includes the principal and interest for the drawings taken by the user.
Transaction Date	The value date on which the funds are actually available for utilization.
Date	It is the booking date of the transaction.
Reference Number	The reference number associated with each transaction made under the drawings.
Paid Installments	The installments fully paid by the borrower for the drawings taken by the user.
Overdue Installments	The Installments that are not paid on due time fall under overdue under the drawings (mortgage loan) account.
Future Installments	The upcoming Installments yet to be paid by the borrower for the respective drawings taken by the borrower.
Interest Paid YTD	Year to Date interest is the amount of interest paid by the borrower since the beginning of the financial year.
Last Payment Amount	The last paid installment amount by the borrower for the drawings taken by the borrower.
Last Payment Date	The date of last paid installment amount by the borrower for the drawings taken by the borrower.
Payment Frequency	The frequency of payment of the installment by the borrower for the drawings.
Interest Rate	Interest rate offered by the bank for the respective drawing the borrower took.
Disbursed Date	The date on which the particular drawing is disbursed to the borrower.
Maturity Date (Drawings)	The date on which the particular drawing is closed.
Approved Loan Amount	The total principal amount of loan (drawing) approved to the borrower by the bank.
Documents	The documents generated from banks for the facility taken by the user.
Mortgage Loan Repayment Date	The date on which the Installments of a particular mortgage loan is been repaid based on the user’s frequency.
Monthly Repay day (Installments)	The day on which the monthly repayment of the Installments takes place.
New Repay Day (Installments)	The newly changed/selected day on which the monthly installments would take place once the changed day is submitted.
Current Outstanding Balance (Mortgage Facility)	The remaining amount under Facility to be repaid by the user which includes the summation of both Principal and Interest.
Current Maturity Date (at Mortgage Facility level)	The date on which the Facility Tenure will be over after repaying all the Individual loans.
Number of Loans	The total number of Mortgage loans taken by the user under a particular Mortgage Facility.
Current Repayment Day	The date on which the Repayment for Mortgage Loan Installment takes place.
New Outstanding Balance	The Balance (Principal+Interest) that is left for the user for repayment of the Mortgage Loan under the Facility after the updation with respect to the Change Repayment day.
New Maturity Date (at Mortgage Facility level)	The Maturity date on which the Facility will be closed up after updating the change in Repayment Day with respect to the Mortgage Loans.
New Repayment Day	The updated day for repaying the Installments for the Individual Mortgage Loans taken by the user under Mortgage Facility.
Next Installment Due	The due date that is held for the payment of Next Installment amount for the respective Mortgage Loan.
Next Payment Amount	The Installment amount that is required to be paid for the Mortgage Loans on account of repaying the Mortgage loan.
End Date (Maturity Date at each loans level of that Mortgage Facility)	The date on which the Mortgage Loan tenure will be closed stating the user has repaid the Mortgage Loan completely.
Service Request Reference	The Reference number that is generated against the respective service request raised by the user from Service Request Microservice (SRMS). The reference ID generated by Service Request MS when user submits a service request - change of repayment day, change of repayment account, and change of address.
Mortgage Repayment Account	The account from which the repayment for the Installments for each Mortgage Loans under the Mortgage Facility is carried out.
BIC/SWIFT	The Bank Identifier Code (BIC) or the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which is used for identifying the Banks and Financial Institutions while making the International Transfer
Address	The address of the customer registered with the bank

Mortgage Facility

A mortgage facility is a line of credit provided by the bank to a customer with the property as collateral. It entitles the customer for drawing multiple loans against the property or facility.

Total Outstanding Loan Balance

The total amount of loan pending to be paid by the borrower, including the summation of Principal and Interest.

Commitment Amount

The total amount borrowed from the lender for the property.

Utilized Amount

The amount that is been utilized by the borrower against the commitment amount as a part of Drawings.

Total Paid to Date

The total amount of Installments repaid to date.

Property Address

The address of the property given as collateral against the loan.

Property Type

The type of property. Example (House, Apartment etc.)

Commitment Term

The total period taken for the repayment that is the combination of Years and Months.

Effective Date

The Start date from which the loan is taken.

Maturity Date

The End date when the Tenure would get over.

Account Number

The Account number with respect to the facility taken.

IBAN

A standardized international numbering system developed to identify Individual Overseas bank accounts.

Primary Borrower

The Initial borrower of the Mortgage Facility.

Co-Borrower

The additional borrowers with the Primary Borrowers.

Loan

The drawing taken by the user for the facility still active and has some outstanding amount to be paid.

Remaining Balance

The remaining balance to be paid includes the interest for each drawing.

Next Payment Amount

For the respective drawing, the Next Installment amount to be paid.

Next Payment Due

For the respective drawing, the due date for the next payment installment amount.

Total Overdue

If there is any failure in the previous installment payments, those get accumulated and shown as overdue under each drawing.

Outstanding Balance (Drawings)

The total outstanding balance includes the principal and interest for the drawings taken by the user.

Transaction Date

The value date on which the funds are actually available for utilization.

Date

It is the booking date of the transaction.

Reference Number

The reference number associated with each transaction made under the drawings.

Paid Installments

The installments fully paid by the borrower for the drawings taken by the user.

Overdue Installments

The Installments that are not paid on due time fall under overdue under the drawings (mortgage loan) account.

Future Installments

The upcoming Installments yet to be paid by the borrower for the respective drawings taken by the borrower.

Interest Paid YTD

Year to Date interest is the amount of interest paid by the borrower since the beginning of the financial year.

Last Payment Amount

The last paid installment amount by the borrower for the drawings taken by the borrower.

Last Payment Date

The date of last paid installment amount by the borrower for the drawings taken by the borrower.

Payment Frequency

The frequency of payment of the installment by the borrower for the drawings.

Interest Rate

Interest rate offered by the bank for the respective drawing the borrower took.

Disbursed Date

The date on which the particular drawing is disbursed to the borrower.

Maturity Date (Drawings)

The date on which the particular drawing is closed.

Approved Loan Amount

The total principal amount of loan (drawing) approved to the borrower by the bank.

Documents

The documents generated from banks for the facility taken by the user.

Mortgage Loan Repayment Date

The date on which the Installments of a particular mortgage loan is been repaid based on the user’s frequency.

Monthly Repay day (Installments)

The day on which the monthly repayment of the Installments takes place.

New Repay Day (Installments)

The newly changed/selected day on which the monthly installments would take place once the changed day is submitted.

Current Outstanding Balance (Mortgage Facility)

The remaining amount under Facility to be repaid by the user which includes the summation of both Principal and Interest.

Current Maturity Date (at Mortgage Facility level)

The date on which the Facility Tenure will be over after repaying all the Individual loans.

Number of Loans

The total number of Mortgage loans taken by the user under a particular Mortgage Facility.

Current Repayment Day

The date on which the Repayment for Mortgage Loan Installment takes place.

New Outstanding Balance

The Balance (Principal+Interest) that is left for the user for repayment of the Mortgage Loan under the Facility after the updation with respect to the Change Repayment day.

New Maturity Date (at Mortgage Facility level)

The Maturity date on which the Facility will be closed up after updating the change in Repayment Day with respect to the Mortgage Loans.

New Repayment Day

The updated day for repaying the Installments for the Individual Mortgage Loans taken by the user under Mortgage Facility.

Next Installment Due

The due date that is held for the payment of Next Installment amount for the respective Mortgage Loan.

Next Payment Amount

The Installment amount that is required to be paid for the Mortgage Loans on account of repaying the Mortgage loan.

End Date (Maturity Date at each loans level of that Mortgage Facility)

The date on which the Mortgage Loan tenure will be closed stating the user has repaid the Mortgage Loan completely.

Service Request Reference

The Reference number that is generated against the respective service request raised by the user from Service Request Microservice (SRMS).
The reference ID generated by Service Request MS when user submits a service request - change of repayment day, change of repayment account, and change of address.

Mortgage Repayment Account

The account from which the repayment for the Installments for each Mortgage Loans under the Mortgage Facility is carried out.

BIC/SWIFT

The Bank Identifier Code (BIC) or the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which is used for identifying the Banks and Financial Institutions while making the International Transfer

Address

The address of the customer registered with the bank

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