Creating a Loan Application
Creating a Loan Application
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Creating a Loan Application
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Creating a Loan Application

Begin by navigating to the Create Loan Application page.

The Product determines the loan type and some defaults for loan options. Some fields are not editable until you select the product. To select a loan product, you must search for it.

You can specify search criteria or click Search without criteria to list all loan products.

The search lists loan products that meet your criteria. Select the loan product for which the applicant is applying.

In this example, you will create an application for a Secured Personal Loan.

You can enter more information in optional fields.

You can enter more information in optional fields.

Use the Create Loan Application page to create and submit a loan application.

Use the Loan Details tab to enter basic information about the loan.

The Application ID field automatically populates when the Create Loan Application page opens.

You can match All fields having a value, narrowing the search, or you can match Any field having a value, widening the search.

After you select the product, some fields become editable and some are automatically populated.

Note: All fields with an Asterisk (*) are required.

You can change the Channel value if you are accepting loan application information through the Web, a Call Center, a Mobile device, or Others. The default for all products is Branch.

The Interest Rate field automatically populates based on the product selected. You can change this value.

Use the Applicants tab to add applicants and applicant information.

Use the Applicant Detail tab to view saved applicant information.

Use the Income & Employment tab to enter applicant earnings information.

Click the Self-Employed option if the applicant owns a business.

In the Total Other Income field, enter any income not from the applicant's primary job.

Use the Assets & Liabilities tab to enter applicant asset and liability information.

Use the Save command on the Actions menu to save a loan application without submitting it.

Creating a Loan Application

You have completed the Creating a Loan Application topic.

Click the Start Loan Application link.
Click the Product Search button.
Click the Search button.
Click an entry in the row.
Click the Add button.
Click in the Amount field.
Press [Backspace].
Enter the desired information into the Amount field. Enter
a valid value
e.g.
"20000"
.
Click in the Loan Purpose field.
Enter the desired information into the Loan Purpose field. Enter
a valid value
e.g.
"New Business"
.
Click in the Term (in months) field.
Enter the desired information into the Term (in months) field. Enter
a valid value
e.g.
"60"
.
Click the Payment Frequency list.
Click the Monthly list item.
Click the Applicants tab.
Click the Add button.
Click in the Last Name field.
Enter the desired information into the Last Name field. Enter
a valid value
e.g.
"Williams"
.
Click in the First Name field.
Enter the desired information into the First Name field. Enter
a valid value
e.g.
"Yasmin"
.
Click the Salutation list.
Click the Miss list item.
Click the Gender list.
Click the Female list item.
Click in the SSN/Tax ID field.
Enter the desired information into the SSN/Tax ID field. Enter
a valid value
e.g.
"987654327"
.
Click the Marital Status list.
Click the Unmarried list item.
Click in the Date of Birth field.
Enter the desired information into the Date of Birth field. Enter
a valid value
e.g.
"7/7/1977"
.
Click the Nationality list.
Click the American list item.
Click in the Address Line 1 field.
Enter the desired information into the Address Line 1 field. Enter
a valid value
e.g.
"77 Oak St"
.
Click the Country list.
Click the United States of America list item.
Click the State list.
Click the California list item.
Click in the City field.
Enter the desired information into the City field. Enter
a valid value
e.g.
"Oakland"
.
Click in the Zip Code field.
Enter the desired information into the Zip Code field. Enter
a valid value
e.g.
"94610"
.
Click in the Email Address field.
Enter the desired information into the Email Address field. Enter
a valid value
e.g.
"yasmin.williams@example.com"
.
Click in the Home Phone field.
Enter the desired information into the Home Phone field. Enter
a valid value
e.g.
"5105550177"
.
Click in the Rent or Own field.
Enter the desired information into the Rent or Own field. Enter
a valid value
e.g.
"Own"
.
Click in the Monthly Payment field.
Enter the desired information into the Monthly Payment field. Enter
a valid value
e.g.
"2000"
.
Click in the Living Since field.
Enter the desired information into the Living Since field. Enter
a valid value
e.g.
"3/3/2005"
.
Click the Save button.
Click the Applicant Type list.
Click the Borrower list item.
Click the Income & Employment tab.
Click in the Occupation field.
Enter the desired information into the Occupation field. Enter
a valid value
e.g.
"School Principal"
.
Click in the Yearly Gross Income field.
Enter the desired information into the Yearly Gross Income field. Enter
a valid value
e.g.
"100000"
.
Click the Add button.
Click in the Employer Name field.
Enter the desired information into the Employer Name field. Enter
a valid value
e.g.
"Lincoln Middle School"
.
Click in the Job Title field.
Enter the desired information into the Job Title field. Enter
a valid value
e.g.
"Principal"
.
Click in the Start Date field.
Enter the desired information into the Start Date field. Enter
a valid value
e.g.
"2/2/2002"
.
Click in the Employer Phone field.
Enter the desired information into the Employer Phone field. Enter
a valid value
e.g.
"5105550197"
.
Click in the Employer Address field.
Enter the desired information into the Employer Address field. Enter
a valid value
e.g.
"97 Oak St"
.
Click the Assets & Liabilities tab.
Click the Add button.
Click an entry in the row.
Click the Type list.
Click the Automobile list item.
Click the Sub Type list.
Click the Car list item.
Click in the Value (USD) field.
Enter the desired information into the Value (USD) field. Enter
a valid value
e.g.
"22000"
.
Click the Ownership Type list.
Click the Individual list item.
Click in the Description field.
Enter the desired information into the Description field. Enter
a valid value
e.g.
"Mercedes Convertible"
.
Click the Add button.
Click an entry in the row.
Click the Type list.
Click the Loan list item.
Click the Sub Type list.
Click the Home Equity list item.
Click in the Balance (USD) field.
Enter the desired information into the Balance (USD) field. Enter
a valid value
e.g.
"70000"
.
Click in the Institution field.
Enter the desired information into the Institution field. Enter
a valid value
e.g.
"Credit Union"
.
Click in the Account Number field.
Enter the desired information into the Account Number field. Enter
a valid value
e.g.
"123456789"
.
Click the Ownership Type list.
Click the Individual list item.
Click in the Description field.
Enter the desired information into the Description field. Enter
a valid value
e.g.
"Condominium"
.
Click the Submit button.
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