This request allows you to target an APR amount by changing a loan's escrow settings.
LoanPro features a matching tool that can adjust escrow to reach a specific APR. Note the following when making this request:
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 Bucketsconfiguration set on the loan. The ID of the bucket is used in thesolve parameter.
For an example of how matching APR works within the UI, take a look at our APR Matching article.
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:
Database – Loan Setup (loan_setup_entity)
Database – Loan Table (loan_entity)
Database – Escrow calculator (escrow_calculator_entity)
Database – Escrow Subset Entity (escrow_subset_entity)
{
"apr": "24.87",
"solve": 1
}