are each centralized or decentralized

Loan Process Centralized Matket loan pcoducts Answer loan queries Take the application Conduct the preliminary interview Determine if the bank has a loan product to meet the customer's needs Investigate the application data: credit sepost, bank records, and so forth Analyze the loan application Determine if applicant is credirworthy Approve or decline the loan Structure the loan for the customer (rate, term, and so forth) Prepare the loan documents for signatue Close the loan Book the loan on the data processing system Monitor and maintain the loan until completion Close the loan on the data processing system