> ## Documentation Index
> Fetch the complete documentation index at: https://help.alk.work/llms.txt
> Use this file to discover all available pages before exploring further.

# Credit & Loan Application Intake

> Extract applicant, income, and debt data from loan documents, compute DTI, and get a first-pass credit decision recommendation

## Overview

Credit & Loan Application Intake is a workflow that processes loan applications by extracting key data from income statements, tax returns, and employment proof across varied formats; computing **debt-to-income (DTI)**; and recommending credit decisions for review.

It supports a first-pass underwriting review — data extraction, validation, DTI calculation, and eligibility/approval recommendations — in one streamlined workflow.

**What you get:** a structured table of extracted applicant and loan fields you can review, edit, and export.

<Tip>
  To set up the workflow (creating sessions, uploading documents, running a workflow, and exporting), see [Setting Up a Workflow](/workflows/setting-up-a-workflow) for a comprehensive guide. This page focuses on what's specific to **Credit & Loan Application Intake**.
</Tip>

## When to use Credit & Loan Application Intake

Use this workflow when you need a consistent first-pass review of loan applications, including:

* Extracting applicant identity and employment details from mixed document formats
* Consolidating income evidence across payslips, bank statements, and tax returns
* Computing debt-to-income (DTI) from declared obligations and verified income
* Producing a clear eligibility assessment and approval recommendation for underwriting review

## Step-by-step usage

<Steps>
  <Step title="Open the workflow">
    Navigate to **Workflows** > **Template gallery** and select **Credit & Loan Application Intake**.
  </Step>

  <Step title="Upload documents">
    Upload the supporting documents (PDF recommended; other formats supported depending on your setup).
  </Step>

  <Step title="Include all relevant documents">
    Include all relevant documents (e.g., income statements/payslips, tax returns, employment letters, bank statements, IDs).
  </Step>

  <Step title="Run extraction">
    Click **Run** to begin extraction and scoring.
  </Step>

  <Step title="Review extracted fields">
    Review extracted fields and edit anything that is incorrect (especially income and debt figures).
  </Step>

  <Step title="Export">
    Export results (CSV or Excel) for downstream processing and reporting.
  </Step>
</Steps>

## Inputs

* **Required:** access to [alk.wamiri.com](http://alk.wamiri.com)
* **Required:** stable internet connection
* **Required documents:** income proof, tax returns, and employment proof (as available)
* **Optional:** bank statements, IDs, loan offer/application forms, supporting declarations

## What's specific to Credit & Loan Application Intake

1. **DTI depends on consistent units.** Ensure income and debt obligations are expressed on the same basis (typically monthly). If a document provides annual values, convert before validating the computed DTI.
2. **Validate the source of truth.** When values conflict across documents (e.g., self-declared income vs. tax return), prioritize verified evidence and note discrepancies in the eligibility assessment.
3. **Recommendation is advisory.** The approval recommendation should be treated as a decision support output — underwriting teams should confirm policy rules, thresholds, and exceptions.

## Standard fields (default columns)

| Field                        | Description                                                                                                                            | Field Type   | Task Type      |
| ---------------------------- | -------------------------------------------------------------------------------------------------------------------------------------- | ------------ | -------------- |
| **Applicant Name**           | Full legal name of the applicant.                                                                                                      | Text         | Extraction     |
| **Date of Birth**            | Applicant date of birth.                                                                                                               | Date         | Extraction     |
| **Requested Loan Amount**    | Loan amount requested by the applicant.                                                                                                | Number       | Extraction     |
| **Loan Purpose**             | Purpose of the loan (e.g., personal, education, business, mortgage, vehicle).                                                          | Text         | Extraction     |
| **Annual Gross Income**      | Total gross income per year, based on the best available evidence (tax returns, payslips, employer letter, etc.).                      | Number       | Extraction     |
| **Employment Status**        | Current employment status (e.g., employed, self-employed, contract, unemployed).                                                       | Select       | Extraction     |
| **Employer Name**            | Employer or business name (as stated on employment proof or tax documents).                                                            | Text         | Extraction     |
| **Monthly Debt Obligations** | Total monthly debt obligations (loans, credit cards, BNPL, overdrafts, alimony/child support where applicable).                        | Number       | Extraction     |
| **Debt-to-Income Ratio**     | Computed DTI = monthly debt obligations ÷ monthly gross income. Include the final ratio/percentage.                                    | Number       | Computation    |
| **Documents Provided**       | List of documents provided (e.g., payslips, tax returns, employment letter, bank statements, ID, application form).                    | Multi-select | Extraction     |
| **Eligibility Assessment**   | Summary of eligibility against policy rules (income adequacy, employment stability, DTI thresholds, document completeness, red flags). | Text         | Assessment     |
| **Approval Recommendation**  | Recommended outcome (e.g., approve, decline, review) with brief rationale.                                                             | Select       | Recommendation |

## Customising loan intake columns

You can tailor columns to match your underwriting checklist.

* Add columns for credit score / bureau findings, loan tenor, interest rate, repayment method, collateral/guarantor, affordability buffers, existing lender exposures, and policy exceptions.
* Rename columns to be explicit (for example, "Monthly income (verified)" vs "Income").
* Keep column names clear and unambiguous to improve extraction and calculation quality.

## Important notes

* Always validate critical numbers (income, debt obligations, requested amount) against source documents.
* If a field is consistently wrong, simplify the column name or add a short instruction to the column prompt.
* Use consistent units (monthly vs annual) to avoid incorrect DTI outputs.

## Related articles

* [Setting Up a Workflow](/workflows/setting-up-a-workflow)
* [How To Add Custom Columns](/workflows/setting-up-a-workflow#how-to-add-custom-columns)

## Need help?

If you run into issues, contact the Wamiri support team at [support@wamiri.com](mailto:support@wamiri.com). Include:

* What you were trying to do
* What happened instead
* Any error messages
* Steps to reproduce
* Screenshots or recordings (if available)