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Design loan application system

ParafinSoftware Engineer · Onsite

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This question evaluates architecture and systems engineering competencies related to building scalable, compliant financial platforms, including data modeling, API and event-driven workflow design, security, and regulatory integration.

Question

Design a scalable end-to-end loan application system for a small lending startup. Cover user loan-product selection, application intake, internal underwriting workflow, integration with external credit-history and bank-statement services, decisioning, and fund disbursement.