loan applicant

See: obligor
References in periodicals archive ?
in general, external loan assessors may be allocated applications in a geographical location adjacent to their place of operation, ensuring local knowledge and facilitating meeting the loan applicant, when necessary.
The remaining 20-25 per cent should be borne by the loan applicant. In extreme cases, the loan applicant may need to bear a higher down payment of up to 50 per cent of the property value.
This Application will in addition steadily facilitate online tracking of MSE application by the loan applicant. The software support is given by M/s.
In their work, a loan underwriting process with an element of randomness was simulated and discrimination was defined as the increase in rejection probability for a marginally qualified minority loan applicant. Simulated loan applicants were characterized by income and desired loan amount, loan-to-value ratio, front and back-end ratios, a qualitative measure of credit history, and race.
In one case, a loan applicant provided medical documentation of his disability, a Department of Labor Work Capacity Evaluation form, and a benefits statement showing regular disability payments since 2009.
The amendments connect the amount of a loan applicant s dependents to his income, which is set as SR2,000 for each family member.
In this update, financial institutions can develop multiple decision models that take into consideration different indicators of a loan applicant's ability to repay, such as income, on-time payments or other factors.
Another loan applicant - mum-of-seven Lyndsay Longstaff, of Faverdale Avenue, Acklam, denied conspiracy to defraud but was convicted by a jury after a short trial.
This phase is centered on the decision of the lender based on information provided by the loan applicant at the prior stage.
Northumberland County Council's Adult Learning Service's Wheels 2 Work team has just handed over the keys to its first successful scooter loan applicant and they are encouraging more people to take advantage of it.
The loan applicant will also get a complementary Titanium tint worth QR1,500, provided the loan amount is more than QR 50,000.
In the past years, Saudi Arabian banks allowed loans relying on the name of the loan applicant and his financial situation, before stressing on classifying risks pertaining to these loans and subjecting them to scrutiny through developed and advanced procedures, in accordance with the latest banking practices.