To unlock the full functionality of a loan in Baseline, you'll need to include information about the collateral securing the loan.
Follow the steps below to add information about your collateral.
Recording collateral details
Open the loan details page
In the loan details page, click the collateral tab
Once in the section, you can enter key details about the collateral on the loan. Important pieces of information to include are:
βDetails about the Property Value
Taxes and HOA fees and informations
Property Features
Unit information
Entering these values will help automatically populate the statistics tab located under the general tab of your loan, as well as contribute to calculations for generating quotes for potential borrowers.
You can also add multiple collaterals to a loan through the Plus (+) button on the tab panel, with separate sections for each address.
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