Building Mortgage Loan Filters and Rules
Building Mortgage Loan Filters and Rules
In this episode, learn how to create robust filters and rules for mortgage loan applications using LendAPI's Decision Engine. We'll guide you through setting up derived variables like Loan-to-Value (LTV) and Debt-to-Income (DTI) ratios, applying employment and FICO score criteria, and laying the groundwork for advanced decision tree logic.
In this episode, learn how to create robust filters and rules for mortgage loan applications using LendAPI's Decision Engine. We'll guide you through setting up derived variables like Loan-to-Value (LTV) and Debt-to-Income (DTI) ratios, applying employment and FICO score criteria, and laying the groundwork for advanced decision tree logic.
What you will learn
How to set up derived variables like LTV for mortgage loan filtering.
Steps to implement baseline filters for employment and FICO score checks.
Creating rules for Debt-to-Income (DTI) ratio validation.
Utilizing decision outcomes like approval, decline, and review effectively.
Preparing to build child decision trees for advanced rule integration.
What you will learn
How to set up derived variables like LTV for mortgage loan filtering.
Steps to implement baseline filters for employment and FICO score checks.
Creating rules for Debt-to-Income (DTI) ratio validation.
Utilizing decision outcomes like approval, decline, and review effectively.
Preparing to build child decision trees for advanced rule integration.