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  • Untitled Diagram - Drawio

    Uploaded by

    Tharra Z
    17 views5 pages
    The document describes the loan application process. It involves receiving and checking the application form for completeness, assessing the applicant's credit history and loan risk, appraising the property value if applicable, preparing and sending an acceptance pack to the applicant if approved or rejecting the application if not eligible, and verifying a repayment agreement is signed if the applicant agrees to the terms.

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    Untitled Diagram.drawio (1)

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    The document describes the loan application process. It involves receiving and checking the application form for completeness, assessing the applicant's credit history and loan risk, appraising the property value if applicable, preparing and sending an acceptance pack to the applicant if approved or rejecting the application if not eligible, and verifying a repayment agreement is signed if the applicant agrees to the terms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    17 views5 pages

    Untitled Diagram - Drawio

    Uploaded by

    Tharra Z
    The document describes the loan application process. It involves receiving and checking the application form for completeness, assessing the applicant's credit history and loan risk, appraising the property value if applicable, preparing and sending an acceptance pack to the applicant if approved or rejecting the application if not eligible, and verifying a repayment agreement is signed if the applicant agrees to the terms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 5

    appl

    Receive
    updated
    application

    Return
    application
    Form  
    back to
    incomplete applicant
    Check
    application
    X X Prepare Send Verify
    form Receive signed
    acceptance acceptance repayme
    Loan
    completeness documents
    pack pack agreeme
    ication received
    Form 

    complete

    Form checked
    Applicant

    disagreess
    Cancel app
    applicant

    Check credit Assess loan


    history risk

    y Notify

    Assess
    ent
    X X application
    + + eligibility

    ent
    status

    Appraise 

    property

    Approve
    applicant

    Applicant

    agrees
    Always
    Send
    plicant not

    acceptance
    eligible
    pack

    Reject
    application
    Loan application
    Check home
    Prepare

    rejected insurance
    acceptance
    quote is O O
    X pack

    requested

    Send home
    Prepare
    Send insurance
    acceptance
    acceptance 
    Home insurance
    quote

    pack
    pack
    quote requested
    applicant
    Acceptance pack

    eligible sent
    Verify

    repayment

    agreement

    Loan application

    completed

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