Most of the bank out-sources pre-loan process to loan agencies to reduce the burden and let the agencies pickup the information from customers and verify it before it is being forwarded to the actual bank for approval of loan. 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 every one. The project Loan Approval System developed using JSP and Oracle.
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