loans) and a host of other things.
maxcredit score field and borrowers that have scores within that range will have the loan_grades'
interest_rateapplied to their offers.
loanis originated. At the same time, an API workflow is scheduled for 1 month ahead which makes the Stripe charge on the user's
default_bank_account, creates a new
monthly_paymentand schedules itself again for 1 month ahead.
shareof loan amount,
bank_account, status etc.
sub_typeand some important tokens and ids for Plaid calls.
investor_signup_stepin their user account is set to 2 and they move on to step two below.
investor_signup_stepin their user account is set to 3 and they move on to step three below.
investor_signup_stepin their user account is set to 4 and they would have now completed the sign up process with the success group becoming visible.
application_stepwill be set to 1.
application_stepin their loan is set to 2 and they move on to step two (personal details) below
application_stepin their loan is set to 3 and they move on to step three below.
application_stepin their user account is set to 4 and they move on to step 4.
application_stepin their user account is set to 5 and they would have now completed the sign up process with the success group becoming visible.
Loan computations are in two folds. One part in the front-end and the second part in the backend. On the borrow page, loan computations are handled by two Loan elements. They run the calculations and provide near-instant results used in displaying the loan offers. The second part is after the user accepts a loan offer. An API workflow (loan_complete) is triggered which runs same calculations in the backend but this time saves the results on the selected loan.
transfer_completed. It then terminates the workflow based on the same condition. If this condition is not met, it moves on to the next one workflow action whose condition is met.
yes. There is also a disabled workflow that redirects users back to the previous page if they don't have admin access. You should enable this workflow when you purchase this template.