Restrict Lock (Lender)

Actions > Restrict Lock

Restrict Lock will restrict a lock on a loan so that other users will not be permitted to lock it. This option will not be available once the loan has been locked.

 

To restrict a lock on a loan, select Actions > Restrict Lock. No prompt or warning will be given and the loan’s lock will be restricted.

 

Allow Lock will appear in under the Actions menu if a Restrict Lock has been initiated. If a user attempts to lock the loan once it has been restricted a screen stating: No lock history records exist appears.

 

User Right:

Restrict Lock