Last Updated: Jun 10, 2026
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1. Which loan field is Not required to be filled out to initially create a Rate and Payment Stream?
A) First Payment Date
B) Index
C) Loan Term (Months)
D) Amortized Terms (Months)
E) Loan Amount
2. What Collateral MGMT Placeholders are generated in Loan Docman when Collateral is pledged?
A) 5 Oldest Placeholders
B) Those marked as in file
C) Those flagged with "Import Me" checkbox
D) All Placeholders
E) Only Approved Documents
3. A loan with loan number 12345 is renewed. This creates a new Loan record with Loan number 12345R-1.
When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the original loan's loan number when the 12345R-1 books?
A) R-2 is appended to the original loan's loan number
B) _ORG is appended to the original loan's loan number
C) All appendages are removed from the original loan's loan number
D) The original loan is deleted
4. The 'Decline Loan' button is at the top of the ______ page.
A) Relationship
B) Contact
C) Lead
D) Loan
5. Which SOQL Query would return all Loan ID's?
A) SELECT ID FROM LLC_BI__LOAN__C
B) SELECT ID, FROM LLC_BI__LOAN__C
C) SELECT ID FROM ACCOUNT.LLC_BI__LOAN__C
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: E | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |
Regina
Trista
Albert
Bartley
Carter
Drew
Giles
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