Application review

Step by step

1. Capture application Credit Officer

   Credit Officer opens a Draft borrower request, checks its organization and assigned owner, and records the requested principal. The borrower link must point to the person whose request is under review.

   • Create a Draft request with a named borrower, owner and principal.
   • Updates Loan applications, Borrowers

2. Prepare review Credit Officer

   Credit Officer adds the supporting attachment and submits the current revision for Review. The approver needs the same principal and evidence the officer used; a later correction belongs to a new revision.

   • Attach evidence and move the current revision to Review.
   • Updates Loan applications, Record attachments

3. Decide application Independent Credit Approver

   Independent Credit Approver reads the current revision and records Approve, Reject or Return with a reason. Approval moves the application from Review to Authorized; rejection moves it to Rejected. The approver cannot decide their own submission.

   • Record the independent decision and resulting application status.
   • Updates Loan applications, Review decisions
   ApprovalA person approves before the work moves on.

Credit Officer

, Independent Credit Approver; Auditor reads the resulting evidence within scope.