The lending interview coupled with a credit investigation form much of the application process. The purpose of the interview is to understand your
complete financial picture, including your current net worth, cash flow and debt ratios (see Debt Service Ratio and Affordability). As well your credit score will be obtained to get a complete picture of your credit history to help the lender determine your ability and willingness to repay. Together these two steps also can help you improve your financial capability as your interviewer should also advise you if you are on course or make recommendations to assist in the realization your goals. Finally, to complete the process the interviewer will determine what supporting documents are required to confirm the information collected and submit the application for approval.
Application Process
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