Rates & Fixes
Variable and Fixed Loan Rates and Fixed Rate Requests
To review variable and fixed loan rates and request a fixed rate loan, navigate from the Home page by clicking on Rates & Fixes on the Main menu. The Rates & Fixes page will be displayed:
CIF/Agreement. Click the drop down arrow and select the appropriate CIF/Agreement.
CIF/Rate Index. Click the drop down arrow and select the appropriate CIF/Rate Index.
Click the 'View' button. The Rates & Fixes page will be refreshed with Variable and Fixed Rate pricing displayed:
Variable Loan Overview. The following variable loan information associated with the selected Agreement will be displayed:
- Account Number
- Rate
- Rate Index
- Current Balance
- Last Rate Update
- Maturity Date
Fixed Rate Pricing Overview. The fixed rate pricing options associated with the selected Agreement will be displayed:
- Maturity Date
- Term
- Rate Quote
To view more detailed fixed rate information for a specific maturity date range, click the 'magnify glass' icon on the right side of the screen across from the date range. The Rates & Fixes page will be refreshed with the fixed rate pricing detail:
To initiate a fixed rate loan request, click on 'Magnify glass'icon on the right side of the screen across from the selected maturity date. A new window will be displayed with fixed rate pricing details for the particular term. Click on the "pin' icon under the actions column for the certain maturity date.The Rates & Fixes page will be refreshed and the Maturity Date, Term and Rate will be populated in the “Fixed Rate Request” section at the bottom of the page:
- Fix Amount: Enter the amount.
- Click the 'Submit' button. The Rates & Fixes page will be refreshed on verify page with the fixed rate request details:.
- Click 'Send' button and page will be refreshed with a Fix Confirmation including a message confirming that the fix request has been submitted for processing: A confirmation number will be displayed.
- Click the 'Done' button. The Rates & Fixes “start” page will be displayed.
Fixed Rate Request. Fixed Rate Requests may be processed from the main Rates & Fixes page once the CIF/Agreement and CIF/Rate have been requested:
- Fix Amount: Enter the amount.
- Maturity Date: Click in the field to manually key in the date, or click on the calendar icon to select the date.
- Term: Enter the requested term (if the Maturity Date has not been entered).
- Click the 'Calculate Rate' button.
- Click the 'Submit' button. The Rates & Fixes page will be refreshed on a verify page with the fixed rate request details:
- Click 'Send' button and page will be refreshed with a Fix Confirmation including a message confirming that the fix request has been submitted for processing: A confirmation number will be displayed.
- Click the 'Done' button. The Rates & Fixes “start” page will be displayed.