APR Match Using Escrow

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

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LoanPro features a matching 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 matching 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 matching APR works within the UI, take a look at our APR Matching 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:

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