Decision-making 

Usage

If the Decision-Making function is active, you can review mortgage loan applications with respect to the collateral value and the purchase price of the object as well as the credit standing of the borrower. This then forms the basis for creating the contract offer(s) or contract.

See also: Mortgage Loan Processing.

1. Choose New Business ® Mortgage Loan ® Application or Decision ® Decision-Making.

The Decision-Making screen appears.

2. In the Application section, enter the company code and the number of the application you want to make a decision on.

Choose Enter. The information you entered about the requested capital and the collateral object in the application is displayed on the Decision base and Object data tabs. If you have already carried out the collateral value calculation and the credit standing check for the partner, the system also displays the results to support the decision process. If you have not yet performed these calculations, choose Environment ® Credit Standing Calculation or Change Object.

You can also change the collateral value and prime costs calculated by the system by entering a certain percentage rate.

3. If you have set the release procedure for decision-making to active, you can only create offers or contracts when the release indicator is set to Changed, not released. This is only a display field.

If necessary, choose Decision-Making ® Cancel Release.

4. In the Loan for applicat. section, you can enter the individual offers or contracts resulting from the application. Enter the product type, loan type and commitment capital and choose Create contract. The Create Contract screen appears. In the same way, you create loan offers using the function Create offer. See also: Creating a Mortgage Loan from step 5.

Enter the required data for the contract offer or contract and save the loan. The system returns to the decision-making function. Depending on your Customizing settings, the contract offers or contracts you create using the decision-making function are assigned an internal loan number by the system, or an external number by the user.

To convert a contract offer into a contract, select the corresponding offer and choose Change Loan. The Change Contract Offer screen appears. From here, you can transfer the offer to a contract by choosing Loan ® Contract acceptance.

5. If the release procedure for decision-making is set to active, and the release procedure for loan master data is also active, you should only release the decision when the loans you have created have also been released (in other words, when the release indicators for the loans are set to Released).

Choose Decision-Making ® Release. The Business Workplace screen appears. If you have the appropriate authorization, you can release the loans you have created and the decision-making process from this screen. For more information, see Release.