Create Loan Payment

Use the Create Loan Payment endpoint when a customer requests to make a payment on a loan. The endpoint supports two types of payments today - payments from a primary account where Galileo orchestrates debiting the DDA and paying the loan, or payments from an “external” account where the program manager accepts the funds and Galileo only manifests the loan payment.

For optional parameters, do not pass an empty string or null value.

The table below lists status codes that apply to this specific endpoint.
See Global Response Statuses for status codes that are common across endpoints.

Status CodeCode Description
1203-01The subProductId is invalid or does not exist.
1203-02The loanId is invalid or does not exist.
1203-03The paymentSource value is invalid. Please refer to Galileo API documentation.
1203-04The payment amount exceeds the total payoff amount of the loan.
1203-05This loan is not active currently, and does not allow payments.
1203-06The amount value is invalid.
1203-07Payment account PRN cannot be used along with payment account type as EXTERNAL
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