{"version":"0.35.0","built_at":"2026-10-24T11:24:42.001Z","license":"CC BY 4.0 © Mike Reams","canonical":"https://catalog.mikereams.com","value_stream":{"id":"VS-420","name":"Application-to-Funding","industries":["financial-services"],"description":"Carry a consumer or business loan request from application to funds in the borrower's hands and a loan booked for servicing. Credit decisions on single applications sit here; measuring credit risk across the whole loan book is Prudential Risk (BC-1780), and the life of the loan after booking is servicing.","outcome":"The borrower has the funds on agreed terms, the security is in place, and a correctly boarded loan is in servicing.","trigger":"A consumer or business applies for a loan, mortgage or credit line, directly or through a broker.","aliases":["Loan Origination Journey","Apply-to-Fund","Origination-to-Booking","Credit Lifecycle Start"],"stages":[{"id":"VS-420.10","order":1,"name":"Apply","description":"Pre-qualify where offered, take the application and the documents that support income, assets and purpose.","capability_ids":["BC-1720.10","BC-1770.10"],"events":[]},{"id":"VS-420.20","order":2,"name":"Assess & Decide","description":"Value any collateral, score and underwrite the request, check for application fraud, and approve within delegated credit authority.","capability_ids":["BC-1720.20","BC-1720.40","BC-1770.40"],"events":[]},{"id":"VS-420.30","order":3,"name":"Document & Close","description":"Produce and execute the loan documents and required disclosures, and meet every condition of approval.","capability_ids":["BC-1720.10","BC-150.20"],"events":[]},{"id":"VS-420.40","order":4,"name":"Fund","description":"Disburse the loan to the borrower or to the parties they are paying.","capability_ids":["BC-1720.10","BC-1730.10"],"events":[]},{"id":"VS-420.50","order":5,"name":"Perfect & Board","description":"Record guarantors and perfect the lien, then book the loan with its schedule, escrow and covenants so payments, monitoring and reporting start correctly.","capability_ids":["BC-1720.40","BC-1720.30"],"events":[]}]}}