2.6 Process Commercial Construction Loan Details

This topic describes the systematic instructions about Commercial Construction Loan screen. This screen is used to capture the commercial land details for Commercial Construction Loan. These details can be used by Relationship Manager and Credit Manager to analyse the credit worthiness of the Commercial Construction loan.

This data segment can be used for Commercial Construction Loan .

  1. Initiate a Loan Origination and navigate to a specific data segment.
  2. From Loan Origination , click Commercial Construction Loan tab and provide the required details.
    The Commercial Construction Loan screen displays.

    Figure 2-6 Commercial Construction Loan Details



    For more information on fields, refer to the field description table.

    Table 2-7 Commercial Construction Loan - Field Description

    Field Description
    Property Type Select the type of the property.
    Property Description Specify the description of the property.
    Address Line 1-4 Enter the address details line 1-4.
    City Enter the city of the property.
    State Enter the State details of the farm land.
    Country Select the country code from the list of values.
    Zip Code Enter the ZIP code of the city.
    Total Construction Area Enter the total construction area (in figures).
    Unit Enter the unit to specify the total construction area.
    Construction Cost Enter the cost of construction along with currency.
    Construction Start Date Specify the construction start date of the property.
    Expected Completion Date Specify the expected date of completion.
    Regulator Approval Required Specify if the regulator approval required (Y/N).
    Special Zone (Y/N) Specify (Y/N) if the property is situated in the Special zone.
    Property Title Holder Specify the holder type of the property.
    The available options are:
    • Freehold
    • Leasehold
    • Third-party
    Supplier Name Enter the name of the supplier.
  3. Click Save & Close, to save and close the details.
  4. Click Next, to navigate to the next screen.