Loan funding connects a loan to funding projects and use categories. Work plans connect the loan to rehabilitation scopes and contractor work.

Loan Funding

Funding allocations are managed from the loan detail or summary workspace.

Funding may include:

• Construction
• Closing
• Miscellaneous
• Admin fee

Each funding allocation is tied to a funding project and use code.

Funding Balance

CDM compares loan amount to project funding totals. If funding does not match the loan amount, the loan funding area shows a warning.

Review funding before opening a loan or using it for downstream work.

Adding Loan Funding

To add funding:

1. Open the loan detail screen.
2. Go to Loan Funding.
3. Select Add Loan Funding.
4. Choose the funding project.
5. Select the use.
6. Enter construction, closing, miscellaneous, and admin fee amounts as needed.