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    Lending Tree System Abstract

    Uploaded by

    Telika Ramu
    Lending Tree is an interface which facilitates a customer to apply for a loan from on-line and to track the status from time-to-time along with aiding the loan approval agency to verify and accept/reject the customer file.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Lending Tree System Abstract

    Uploaded by

    Telika Ramu
    326 views8 pages
    Lending Tree is an interface which facilitates a customer to apply for a loan from on-line and to track the status from time-to-time along with aiding the loan approval agency to verify and accept/reject the customer file.

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    © © All Rights Reserved

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    Lending Tree is an interface which facilitates a customer to apply for a loan from on-line and to track the status from time-to-time along with aiding the loan approval agency to verify and accept/reject the customer file.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    326 views8 pages

    Lending Tree System Abstract

    Uploaded by

    Telika Ramu
    Lending Tree is an interface which facilitates a customer to apply for a loan from on-line and to track the status from time-to-time along with aiding the loan approval agency to verify and accept/reject the customer file.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Lending Tree

    Abstract
    Lending Tree is an interface which facilitates a customer to apply for a loan from on-line and to track the
    status from time-to-time along with aiding the loan approval agency to verify and accept/reject the
    customer file. Lending Tree is unique in such a way, it not only helps the customers but also the loan agency
    to check the pending, assign it to a departments, complete the formalities and procedures between the
    departments and arrive at decisions to very fact in addition to providing a transparency system for
    everyone.

    The customer can directly apply for a loan by selecting a bank and loan type from the list available. The
    application is received by loan agency that will have three departments- PickUp, Verification and Legal. This
    system can be controlled by the administrator. First he will look at the application received and allot the
    application for a particular employee of pickup department. The employee will go and make a physical
    verification of the documents at the customers and receives the documents necessary for the loan. Then he

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    logs into this system and forwards the application to the verification department which will verify the
    whereabouts of the person, his organization, his salary particulars etc. and then forwards the application
    with a status verified. Then application reaches the legal department. The legal department people will
    verify the builder details and when satisfied sends their report to the administrator.

    Existing System
    Here the existing system is a manual one using which the banking agent cant maintain the effectively by
    sharing across different branches with proper security and cant track details easily. It doesnt provide
    proper co-ordination between different departments of the company. It doesnt allow the customer to check
    the status of his file in proper way which leads customer dissatisfaction.

    Doesnt provide faster and effective system


    Doesnt provide good co-ordination between departments
    Doesnt provide effective forwarding system to move the file from one level to another
    Doesnt user-friendly interface

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    Difficulty in generating different reports as per the business requirement
    Doesnt facilitate the services from online.

    Proposed System
    The online automated system with web-based architecture can support issues like.

    This system maintains the information related different departments and stored at a central DB,
    which leads easy accessibility and consistency
    Interest rates of different banks and the other details are also available at the click of a mouse.
    Customer can apply for a loan and track his file details from online.
    The decision process in faster and more consistent
    Provides good communication between two departments
    Provides a facility to generate the reports very easily.

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    Scope of the System
    The present System scope is to help Bank Agents and Customers of Lending Tree and provides effective
    communication between them to provide the services very promptly with proper procedures. Any
    specification-untraced errors will be concentrated in the coming versions, which are planned to be
    developed in near future. The system at present does not take care of payments info through this
    application since it requires payment gateway. We are planning to integrate this feature in future and do it
    as an enhancement.

    Module Description
    Number of Modules:

    The system after careful analysis has been identified to present itself with the following modules:

    1. Administrator Module: This module is responsible for coordinating the other modules. It allows the
    administrator create, update/delete and view the banks information and it allows admin to create
    create/update/delete and view different departments and it can create logins for different employees in

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    each and every department and it can manage loan interest rates of different banks etc. It facilitates to view
    the new applicant details and assign it to different employees in pickup department initially. It allows the
    administrator to view customer application finally from verification department and builder details from
    legal department and then store bank final opinion in this application. It also allows to generate different
    reports for business analysis. It provides messaging facility for the administrator for communication.

    2. PickUp Module: This module allows the pickup department to view their applications which are
    assigned to them, collect the documents according to the checklist and forward it to verification
    department.

    3. Verification Module: This module allows the employees of verification department employees to view
    the forwarded application from pickup department and check the details as per the documents and forward
    it to next level.

    4. Legal Module: This module allows the employee of legal departments to check verify legal documents
    of the builder, verify the check list and then generate the APF no for the builder.

    5. Customer Module: This module allows the customer to view the interest rates of the banks which we
    are dealing, apply for a loan, checks the status of the loan at any point of time and communicates with the

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    administrator if necessary. It allows messaging facility for communication.

    Features to be implemented
    Session management

    Connection pooling

    Normalized database

    Prevention of duplication login

    Design patterns

    Three-tier architecture

    Maintainability

    Easy deployment with Ant script.

    Exception handling

    Client-side validations

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    Technologies to be used
    Web Presentation: HTML, CSS
    Client side Scripting: JavaScript
    Programming Language: Java
    Web based Technologies: JNDI, Servlets, JSP
    Database Connectivity API: JDBC
    Build Tool: ANT
    Debug Tool: Log 4J
    CASE tool: Rational Rose, Visual Paradigm, Enterprise Architect
    Backend Database: Oracle/SQL Server/MY SQL/MS Access
    Operating System: Windows XP/2000/2003, LINUX, Solaris
    J2EE Web/Application Server: Tomcat/Weblogic/Websphere/JBoss/Glass Fish
    IDEs: Eclipse with My Eclipse plug-ins/Net Beans/RAD
    Browser: IE/Mozilla

    Hardware requirements
    CreativeSoft (Corporate Office)
    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455
    Pentium processor -------- 1.06 GHZ or above

    RAM Capacity -------- 256MB

    Hard Disk -------- 40GB

    Floppy disk -------- 1.44 MB

    CD-ROM Drive -------- 32 HZ


    KEYBOARD -------- 108 Standard

    CreativeSoft (Corporate Office)


    # 412, Annpurna Block,Aditya Enclave,Ameerpet,Hyderabad
    500016 Tel : +91-40-40159158Mobile : 91-9247249455

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