Meridian Bank

Application LOAN-2026-00132   APPROVED

Mohit Karki · customer CUST-10254 · submitted 2026-08-27T10:52:06+00:00 · demonstration path C (Human-in-the-loop referral)

Assessment

Generated by the workflow. Advisory only — a lending decision remains with authorised credit staff.

Applicant shows 20,800 gross / 13,874 net monthly income with a single 6,300 bureau obligation and a proposed 550 instalment, producing headline DTI of 32.9% (net-basis) rising to 49.4% on the stressed view, with a claimed 7,024 residual cushion. Income is corroborated by a recurring salary credit on the bank statement, and the 6,300 obligation is visible as a matching debit — a genuine three-way reconciliation on those two figures. The bureau is otherwise clean apart from a single delinquency assumed minor and cured. On the surfaced figures the loan is affordable with room to spare. However, the affordability case rests on an unstated and unverified premise: that the 6,300 is the applicant's only material fixed monthly outflow. Housing cost appears nowhere in the file — no rent or mortgage figure in the income analysis, the bank statement narrative, or the four conditions — and a rent payment of 3,000–4,000 would push true DTI well past 49.4% and consume most of the claimed cushion. The ~33% gross-to-net gap is assumed to be ordinary withholding without confirmation; if any portion is a wage garnishment or prior-obligation deduction, the reconciliation is validating around a hidden obligation rather than excluding one. The file also asserts the delinquency is minor and cured as settled fact in one section while Condition 4 asks to confirm it — score level does not bound severity tightly enough to support the earlier claim. Direction of travel is toward approval, but two of the three gaps are checkable material gaps, not residual risk: a payslip deduction breakdown and a full 90-day statement of debits would resolve both. Recommend approval conditional on those two items plus an explicit housing-cost declaration added as a fifth condition, and on the delinquency point being treated as provisional until Condition 4 clears.

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