Book loan account

Before the Book action, for a tranche loan account, the first tranche needs to be created using Update tranche from nCino to Mambu.

Booking a loan account in nCino is the equivalent of approving a loan in Mambu. This action indicates that all necessary checks and approvals have been made and puts the loan account in a state where it is ready to be disbursed to the client.

TriggerResult nCino/Mambu
Book action (Automated Booking)Loan account status will be :
- Approved in Mambu
- Booked in nCino

Book loan account

Note: Before the BOOK action, the loan account is updated.

Update loan account

The account should be in PENDING_APPROVAL or PARTIAL_APPLICATION state in order to be updated. The fields that can be edited are all the fields indicated in the table in the slips logic section of this documentation.

In case Book loan account fails

When triggering the Book flow from nCino, a transaction log is also created. This log holds the transaction status of the flow, along with other details. In case of an error during the book process, the transaction log will be updated with details regarding the errors sent from MPO. Also, Vendor Status and Transaction Status will be set to FAILED.

Example of a transaction log after an error occurred in the Book flow:

Book flow Transaction log details