Updates from Mambu to nCino

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  • Action based updates
  • Loan life cycle stages reached in Mambu such as loan disbursal and any repayments which are made or missed will be synced to the nCino relationship.

  • Daily loan account updates
  • End of day jobs are typically carried out at midnight and handle actions such as application of accrued interest, updating accounts based on changes to the underlying product, automatic closure of fully paid off loans, applying fees and penalties, locking loans which are in arrears, among others.

  • Payment holiday updates
  • The Payment Holiday functionality allows adding grace installments on a loan account, extending the length of the schedule with the number of grace installments added.

  • Reschedule and refinance updates
  • Loan accounts can be renewed or modified in nCino. The equivalent actions in Mambu are the reschedule or refinance functions.