Loan Underwriting Review

Credit analysis and decision workflow for loan applications. Covers risk assessment, collateral analysis, and approval/denial. Takes 2-4 hours depending on complexity. Best for: Underwriters, credit analysts.

4 steps

Banking

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Process steps

Review credit history and capacity

1 days from previous step

task

Analyze credit report in detail. Look beyond the score to payment patterns, utilization, and derogatory items. Review income stability and calculate residual income. Assess ability to repay this loan while meeting other obligations.

Form fields in this step

Credit Analysis Summary *

Repayment Capacity *

Evaluate collateral and security

2 days from previous step

task

For secured loans, evaluate the collateral. Review appraisals, title work, and lien positions. Calculate loan-to-value ratios. Consider liquidation scenarios - if this goes bad, what would recovery look like? Identify any collateral deficiencies.

Form fields in this step

Collateral Value

LTV Ratio

Lien Position

Collateral Assessment *

Make credit decision

3 days from previous step

approval

Based on your complete analysis, make the credit decision. Approve, deny, or counteroffer. For approvals, specify any conditions. For denials, document specific reasons for the adverse action notice. All decisions must comply with fair lending requirements.

Form fields in this step

Decision *

Conditions (if any)

Denial Reasons (if denied)

Document decision and route file

3 days from previous step

task

Complete the underwriting memo documenting your analysis and decision. Attach all supporting calculations and analysis. Route approved files to closing, denied files for adverse action letter generation. Maintain complete underwriting documentation in the file.

Form fields in this step

Underwriting Memo Completed *

File Routed To *