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Application
Application - is the process of applying for a loan. Usually entails supplying a signed application form and supporting documents.
If you are applying for a home loan, it can pay to have a good understanding of the specific things lenders are looking for, such as rental income, running costs and debt to income ratio.
Learn MoreOne of the most essential criteria a lender considers when analysing a loan application is the applicant's credit score. Credit scores range from 300 to 850 and are determined by characteristics such as payment history, outstanding debt, and credit history duration.
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