Free 201-COMMERCIAL-BANKING-FUNCTIONAL Exam Braindumps (page: 13)

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True or False? Once the entire Loan term is defined, the payment structure data from the first payment stream is pushed back to the loan object and saved. This overwrites existing data on the loan object.

  1. True
  2. False

Answer(s): A



Which nCino feature is required to be utilized when setting up multi-tiered loan structure?

  1. Credit Memo
  2. Rate Structure
  3. Product Package
  4. Spreads

Answer(s): C



In nCino, which designation in the default structure hierarchy captures the record of principal advance?

  1. Limit
  2. Current Takedown
  3. Main
  4. Sub Limit

Answer(s): B



From the default structure hierarchy in nCino, which options can have one or many options below them in the hierarchy? (Choose three)

  1. Sub Limit
  2. Current Takedown
  3. Main
  4. Limit

Answer(s): A,C,D



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Shweta commented on January 29, 2024
Good questions
UNITED STATES
upvote