Product: Prospa Express Path Business Loan
Type: business
Max LVR: -%
Amount Range: $0 - $500,000
Max Term: 60 months
Rate: -
Contact: | partners@prospa.com
Purpose: purchase
Property Type: residential
LVR: 70.0%
Amount: $490,000
Term: 300 months
Property Value: $700,000
Address: a a a
| Filter | Result | Client Value | Lender Requirement | Note |
|---|---|---|---|---|
| Loan Type | Fail | purchase (residential) | business | Client: purchase (residential property), Product: business -> mismatch |
| LVR Limit | Pass | 70.0% | - | |
| Loan Amount | Pass | $490,000 | $0 - $500,000 | |
| Security Type | Pass | residential | Any | |
| Credit Score | Pass | 610 | 400 | |
| Monthly Turnover | Pass | - | $6,000 | |
| Property Owner | Pass | Yes | Not required | |
| Borrower Type | Pass | Investment | Any |
| Dimension | Raw Score | Weight | Weighted Score | Visual |
|---|---|---|---|---|
| LVR Headroom | 50 / 100 | 25% | 12.5 |
|
| Data missing (client LVR or lender max LVR not set) -> default 50 | ||||
| Interest Rate | 50 / 100 | 25% | 12.5 |
|
| Interest rate not specified by lender -> default 50 | ||||
| Loan Amount Fit | 61.6 / 100 | 15% | 9.2 |
|
| Amount $490,000 is within range $0-$500,000. Mid = $250,000, distance ratio = 0.48. Formula: max(60, 100 - 0.48 x 80) = 61.6 | ||||
| Term Match | 0 / 100 | 15% | 0.0 |
|
| Client term 300mo > Lender max 60mo -> 0 (term too long) | ||||
| Payment Flexibility | 50 / 100 | 10% | 5.0 |
|
| Payment types not specified by lender -> default 50 | ||||
| Turnaround Speed | 100 / 100 | 10% | 10.0 |
|
| Turnaround 24h (<= 24h) -> 100 (fastest tier) | ||||
| TOTAL | 100% | 49.2 |
|
|