International Presence and Activities
HOUSING LOAN LIFECYCLE
2ND PHASE
1ST PHASE
FINAL DECISION
Final pricing and loan conditions
determination
Final loan amount determination to
possible LTV / Debt capacity setting
CENTRAL LOAN
SUPPORT
conditions fulfillment
verification
AFTER-
SALES
ACTIVITIES
APPLICATION
Collection of
documents from the
borrower:
•
ID
Income
verification via
third party-credit
bureau or Social
Insurance or
confirmation on
tax declaration,
Information on the
applicant
Type of job
Expenses
UNDERWRITING
(Internal rating and scoring)
Assessment of the borrower's
credit worthiness using third
party verification SRBI, NRKI,
Social insurance => max.
mortgage amount calculation
incl. DTI, DSTI limits
COLLATERAL
VALUATION
process is
independent from
credit decision
(regulatory
requirement)
COLLATERAL SPECIFICATION
Purpose documents
Collateral documents & External
experts appraisal / Internal bank
appraisal
YES
(within 72h)
AUTOMATIC
CONTRACT
GENERATION
Execution of loan
& guarantor's
contract and other
docs, e.g. for
collateral
insurance
CONTRACT
SIGNATURE
1ST DRAWDOWN
Docs necessary for
disbursement given
by contract
DISBURSEMENT
(within app. 1-2W)
Registration of the
lien over the
property loan
disbursement
possible upon the
seal/pledge
proposal
confirmation
NEXT DRAWDOWN
(if in tranches)
LOAN ADMINISTRATION
during its maturity date:
Contractual changes
Repayments (partial/full)
Other services/ Bank
confirmations
Contractual/ specific
conditions fulfilment
monitoring
ACQUITTANCE
TRANCHE
VOLUMES
APPROVED BY
RISK
RECOVERY PROCESS
by Recovery
Department
Branch
Risk/S1/Credit flow
Back Office
Each mentioned department involved
TRANCHE
DISBURSEMENT
VERIFICATION
Housing loans credit
approving
competencies
Credit Analyst (≤ 130 ths), Senior Credit Analyst (≤ 250 ths), Secured Loans Analyst Team Leader (≤ 300
ths), Head of Office Retail Underwriting (≤ 350 ths), Head of Corporate and Retail Underwriting Dpt. (≤ 500
ths), Head of Risk Management Division=MB Member(≤ 3 000 ths), Corporate Credit Committee (≥ 3 000 ths)
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