src/LOAN/LoansGeneral/LoanApplications.rdf

<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE rdf:RDF [
	<!ENTITY cmns-av "https://www.omg.org/spec/Commons/AnnotationVocabulary/">
	<!ENTITY cmns-cls "https://www.omg.org/spec/Commons/Classifiers/">
	<!ENTITY cmns-col "https://www.omg.org/spec/Commons/Collections/">
	<!ENTITY cmns-cxtdsg "https://www.omg.org/spec/Commons/ContextualDesignators/">
	<!ENTITY cmns-dt "https://www.omg.org/spec/Commons/DatesAndTimes/">
	<!ENTITY dct "http://purl.org/dc/terms/">
	<!ENTITY fibo-fbc-dae-crt "https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/CreditRatings/">
	<!ENTITY fibo-fbc-dae-dbt "https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/Debt/">
	<!ENTITY fibo-fbc-pas-caa "https://spec.edmcouncil.org/fibo/ontology/FBC/ProductsAndServices/ClientsAndAccounts/">
	<!ENTITY fibo-fnd-acc-aeq "https://spec.edmcouncil.org/fibo/ontology/FND/Accounting/AccountingEquity/">
	<!ENTITY fibo-fnd-acc-cur "https://spec.edmcouncil.org/fibo/ontology/FND/Accounting/CurrencyAmount/">
	<!ENTITY fibo-fnd-agr-ctr "https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/">
	<!ENTITY fibo-fnd-arr-asmt "https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Assessments/">
	<!ENTITY fibo-fnd-arr-doc "https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Documents/">
	<!ENTITY fibo-fnd-arr-lif "https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Lifecycles/">
	<!ENTITY fibo-fnd-arr-rep "https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Reporting/">
	<!ENTITY fibo-fnd-dt-fd "https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/FinancialDates/">
	<!ENTITY fibo-fnd-dt-oc "https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/Occurrences/">
	<!ENTITY fibo-fnd-pty-pty "https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Parties/">
	<!ENTITY fibo-fnd-rel-rel "https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/">
	<!ENTITY fibo-fnd-utl-alx "https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics/">
	<!ENTITY fibo-fnd-utl-av "https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/">
	<!ENTITY fibo-loan-ln-app "https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/LoanApplications/">
	<!ENTITY fibo-loan-ln-ln "https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/Loans/">
	<!ENTITY owl "http://www.w3.org/2002/07/owl#">
	<!ENTITY rdf "http://www.w3.org/1999/02/22-rdf-syntax-ns#">
	<!ENTITY rdfs "http://www.w3.org/2000/01/rdf-schema#">
	<!ENTITY skos "http://www.w3.org/2004/02/skos/core#">
	<!ENTITY xsd "http://www.w3.org/2001/XMLSchema#">
]>
<rdf:RDF xml:base="https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/LoanApplications/"
	xmlns:cmns-av="https://www.omg.org/spec/Commons/AnnotationVocabulary/"
	xmlns:cmns-cls="https://www.omg.org/spec/Commons/Classifiers/"
	xmlns:cmns-col="https://www.omg.org/spec/Commons/Collections/"
	xmlns:cmns-cxtdsg="https://www.omg.org/spec/Commons/ContextualDesignators/"
	xmlns:cmns-dt="https://www.omg.org/spec/Commons/DatesAndTimes/"
	xmlns:dct="http://purl.org/dc/terms/"
	xmlns:fibo-fbc-dae-crt="https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/CreditRatings/"
	xmlns:fibo-fbc-dae-dbt="https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/Debt/"
	xmlns:fibo-fbc-pas-caa="https://spec.edmcouncil.org/fibo/ontology/FBC/ProductsAndServices/ClientsAndAccounts/"
	xmlns:fibo-fnd-acc-aeq="https://spec.edmcouncil.org/fibo/ontology/FND/Accounting/AccountingEquity/"
	xmlns:fibo-fnd-acc-cur="https://spec.edmcouncil.org/fibo/ontology/FND/Accounting/CurrencyAmount/"
	xmlns:fibo-fnd-agr-ctr="https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/"
	xmlns:fibo-fnd-arr-asmt="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Assessments/"
	xmlns:fibo-fnd-arr-doc="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Documents/"
	xmlns:fibo-fnd-arr-lif="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Lifecycles/"
	xmlns:fibo-fnd-arr-rep="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Reporting/"
	xmlns:fibo-fnd-dt-fd="https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/FinancialDates/"
	xmlns:fibo-fnd-dt-oc="https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/Occurrences/"
	xmlns:fibo-fnd-pty-pty="https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Parties/"
	xmlns:fibo-fnd-rel-rel="https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/"
	xmlns:fibo-fnd-utl-alx="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics/"
	xmlns:fibo-fnd-utl-av="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/"
	xmlns:fibo-loan-ln-app="https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/LoanApplications/"
	xmlns:fibo-loan-ln-ln="https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/Loans/"
	xmlns:owl="http://www.w3.org/2002/07/owl#"
	xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#"
	xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#"
	xmlns:skos="http://www.w3.org/2004/02/skos/core#"
	xmlns:xsd="http://www.w3.org/2001/XMLSchema#">
	
	<owl:Ontology rdf:about="https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/LoanApplications/">
		<rdfs:label xml:lang="en">Loan Applications Ontology</rdfs:label>
		<dct:abstract>This ontology defines concepts for the loan application process, along with kinds of loan application and the parties thereto. Another major thread of this ontology is credit risk assessment at the highest level, which includes security agreements, pre-approvals, and credit reports.</dct:abstract>
		<dct:license rdf:datatype="&xsd;anyURI">https://opensource.org/licenses/MIT</dct:license>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/CreditRatings/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FBC/DebtAndEquities/Debt/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FBC/ProductsAndServices/ClientsAndAccounts/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Accounting/AccountingEquity/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Accounting/CurrencyAmount/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Assessments/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Documents/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Lifecycles/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Reporting/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/FinancialDates/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/Occurrences/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Parties/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/"/>
		<owl:imports rdf:resource="https://www.omg.org/spec/Commons/AnnotationVocabulary/"/>
		<owl:imports rdf:resource="https://www.omg.org/spec/Commons/Classifiers/"/>
		<owl:imports rdf:resource="https://www.omg.org/spec/Commons/Collections/"/>
		<owl:imports rdf:resource="https://www.omg.org/spec/Commons/ContextualDesignators/"/>
		<owl:imports rdf:resource="https://www.omg.org/spec/Commons/DatesAndTimes/"/>
		<owl:versionIRI rdf:resource="https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansGeneral/LoanApplications/"/>
		<fibo-fnd-utl-av:hasMaturityLevel rdf:resource="&fibo-fnd-utl-av;Provisional"/>
		<cmns-av:copyright>Copyright (c) 2016-2023 EDM Council, Inc.</cmns-av:copyright>
		<cmns-av:copyright>Copyright (c) 2016-2023 Object Management Group, Inc.</cmns-av:copyright>
	</owl:Ontology>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;AllBorrowersMonthlyIncome">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-acc-aeq;Income"/>
		<rdfs:subClassOf rdf:resource="&fibo-fnd-acc-cur;MonetaryAmount"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fbc-dae-dbt;isBasedOn"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;BorrowerMonthlyIncome"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>all borrowers&apos; monthly income</rdfs:label>
		<skos:definition>total monthly qualifying income for all borrowers on the loan</skos:definition>
		<cmns-av:usageNote>This should be computed from the income of the individual borrowers.</cmns-av:usageNote>
	</owl:Class>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;AutomaticUnderwriting">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingAutomation"/>
		<rdfs:label>automatic underwriting</rdfs:label>
		<skos:definition>underwriting was performed using an automated underwriting system</skos:definition>
	</owl:NamedIndividual>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;BorrowerAssessment">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-asmt;AssessmentReport"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:onClass rdf:resource="&fibo-loan-ln-app;IncomeVerificationReport"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:onClass rdf:resource="&fibo-loan-ln-app;IndividualPersonCreditRating"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:onClass rdf:resource="&fibo-loan-ln-ln;PaymentHistory"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-arr-asmt;hasDateOfAssessment"/>
				<owl:someValuesFrom rdf:resource="&cmns-dt;ExplicitDate"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-arr-doc;isAbout"/>
				<owl:someValuesFrom rdf:resource="&fibo-fbc-dae-dbt;Borrower"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-arr-doc;isAbout"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;LoanApplication"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label xml:lang="en">borrower assessment</rdfs:label>
		<skos:definition xml:lang="en">assessment report detailing information about the borrower and their credit history that may be relevant to the loan application</skos:definition>
		<cmns-av:explanatoryNote xml:lang="en">Includes credit rating information. Ongoing assessment reports both good and bad credit rating information. In the US, by regulation, lender is required to respot person&apos;s payment history on a monthly basis. This is the basis on which peope&apos;s score is changed. So the lender&apos;s reporting to the credit bureau may affect that person&apos;s credit rating. this may give rise to credit disputes. Also there is a scenario where the borrower may contact the lender and ask for some change. For student loans, they can apply for a deferment payment based on change in circumstances e.g. if losing job, or becoming disabled, then there are specific programs which they can apply for. can defer paymen for a time, and if proven eligible (e.g. also if in military, being deployed), then if they subbut the relevant document, they approve and change their repayment term, perhaps temporarily and then revert to the previously agreed terms. This results from the borrower contacting the lender.</cmns-av:explanatoryNote>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;BorrowerMonthlyIncome">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-acc-aeq;Income"/>
		<rdfs:subClassOf rdf:resource="&fibo-fnd-acc-cur;MonetaryAmount"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-pty-pty;hasPartyInRole"/>
				<owl:someValuesFrom rdf:resource="&fibo-fbc-dae-dbt;Borrower"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>borrower monthly income</rdfs:label>
		<skos:definition>total monthly qualifying income of a potential borrower</skos:definition>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;CreditRiskAssessment">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-asmt;AssessmentActivity"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fbc-dae-dbt;isBasedOn"/>
				<owl:onClass rdf:resource="&fibo-loan-ln-app;AutomaticUnderwriting"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-dt-oc;hasInput"/>
				<owl:someValuesFrom rdf:resource="&fibo-fbc-dae-crt;CreditReport"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-dt-oc;hasInput"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;PreApprovalContract"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-dt-oc;hasInput"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;PreApprovalRequest"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-dt-oc;hasInput"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;PublicRecord"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-dt-oc;hasOutput"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;usesFactor"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;AllBorrowersMonthlyIncome"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;usesFactor"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;BorrowerMonthlyIncome"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;usesFactor"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;TotalDebtExpenseRatio"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;usesFactor"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-ln;CombinedLoanToValueRatio"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-cxtdsg;appliesTo"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-ln;Loan"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>credit risk assessment</rdfs:label>
		<skos:definition>risk assessment that focuses on determining the likelihood of a potential borrower repaying a loan</skos:definition>
		<cmns-av:usageNote>If the risk assessment is based on one of the automated underwriting sytems, then the underwriting automation category is &apos;automated&apos;. This dependency could be automated (as it were).</cmns-av:usageNote>
	</owl:Class>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-CreditApplicationIncomplete">
		<rdfs:label>credit application incomplete</rdfs:label>
		<skos:definition>The application was denied because the credit application was not complete.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-InsufficientCash">
		<rdfs:label>insufficient cash</rdfs:label>
		<skos:definition>The application was denied due to insufficient down payment, or cash available to pay closing costs.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-InsufficientCollateralValue">
		<rdfs:label>insufficient collateral value</rdfs:label>
		<skos:definition>The application was denied because the value or type of collateral was not sufficient.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-InsufficientCreditHistory">
		<rdfs:label>insufficient credit history</rdfs:label>
		<skos:definition>The application was denied because the credit history was too limited, unacceptable, or not at sufficient standing.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-InsufficientEmploymentHistory">
		<rdfs:label>insufficient employment history</rdfs:label>
		<skos:definition>The application was denied because the employment is irregular, unknown, or not sufficient.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-InsufficientIncome">
		<rdfs:label>insufficient income</rdfs:label>
		<skos:definition>The application was denied because the debt to income ratio is too high.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-MortgageInsuranceDenied">
		<rdfs:label>mortgage insurance denied</rdfs:label>
		<skos:definition>The application was denied because necessary mortgage insurance was denied.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;DenialReason-UnverifiableInformation">
		<rdfs:label>unverifiable information</rdfs:label>
		<skos:definition>The application was denied because qualification information such as income, employment, credit, or residence) was not verifiable.</skos:definition>
	</owl:NamedIndividual>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;IncomeVerificationReport">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-asmt;AssessmentReport"/>
		<rdfs:label xml:lang="en">income verification report</rdfs:label>
		<skos:definition xml:lang="en">report providing the methodology and supporting documentation used to verify the borrower&apos;s income</skos:definition>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;IndividualPersonCreditRating">
		<rdfs:subClassOf rdf:resource="&fibo-fbc-dae-crt;CreditRating"/>
		<rdfs:label xml:lang="en">individual person credit rating</rdfs:label>
		<skos:definition xml:lang="en">credit rating that provides an opinion of the creditworthiness of a person</skos:definition>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;LoanApplication">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-doc;Document"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:onClass rdf:resource="&fibo-loan-ln-ln;CombinedLoanToValueRatio"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:onClass rdf:resource="&fibo-loan-ln-ln;LoanToValueRatio"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-dt-fd;hasDateReceived"/>
				<owl:onClass rdf:resource="&cmns-dt;ExplicitDate"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;hasApplicationDate"/>
				<owl:onClass rdf:resource="&cmns-dt;ExplicitDate"/>
				<owl:qualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">1</owl:qualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-arr-rep;isSubmittedBy"/>
				<owl:someValuesFrom rdf:resource="&fibo-fnd-arr-rep;Requester"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;isPreApprovalRequested"/>
				<owl:someValuesFrom rdf:resource="&xsd;boolean"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;AllBorrowersMonthlyIncome"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;BorrowerMonthlyIncome"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-col;comprises"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;TotalDebtExpenseRatio"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>loan application</rdfs:label>
		<skos:definition>request by a potential borrower to a potential lender to borrow money containing information used to decide whether to grant the loan</skos:definition>
		<skos:scopeNote>The request typicaly includes most, if not all, of the information used to decide whether to grant the loan.</skos:scopeNote>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;LoanApplicationAtAgreementStage">
		<rdfs:subClassOf rdf:resource="&fibo-loan-ln-app;LoanApplicationStatus"/>
		<rdfs:label xml:lang="en">loan application at agreement stage</rdfs:label>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;LoanApplicationAtDisbursementStage">
		<rdfs:subClassOf rdf:resource="&fibo-loan-ln-app;LoanApplicationStatus"/>
		<rdfs:label xml:lang="en">loan application at disbursement stage</rdfs:label>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;LoanApplicationPhase">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-lif;LifecycleStage"/>
		<rdfs:label xml:lang="en">loan application phase</rdfs:label>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;LoanApplicationStatus">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-lif;LifecycleStatus"/>
		<rdfs:label xml:lang="en">loan application status</rdfs:label>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;LoanAtApplicationStage">
		<rdfs:subClassOf rdf:resource="&fibo-loan-ln-app;LoanApplicationStatus"/>
		<rdfs:label xml:lang="en">loan at application stage</rdfs:label>
	</owl:Class>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;ManualUnderwriting">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingAutomation"/>
		<rdfs:label>manual underwriting</rdfs:label>
		<skos:definition>underwriting was performed manually</skos:definition>
	</owl:NamedIndividual>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;PreApprovalContract">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-agr-ctr;WrittenContract"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fbc-dae-dbt;hasInterestRate"/>
				<owl:someValuesFrom rdf:resource="&fibo-fnd-acc-cur;InterestRate"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;hasApprovedAmount"/>
				<owl:someValuesFrom rdf:resource="&fibo-fnd-acc-cur;MonetaryAmount"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>pre-approval contract</rdfs:label>
		<skos:definition>written commitment to lend when specified conditions are met, such as finding suitable property, and unchanged creditworthiness</skos:definition>
		<cmns-av:explanatoryNote>A commitment from a lender to a borrower to extend a home purchase loan up to a certain amount, and subject to certain non-credit related conditions.  This commitment is entered into after a comprehensive analysis of the credit worthiness of the borrower is carried out.</cmns-av:explanatoryNote>
		<cmns-av:explanatoryNote>This may also include limits on the region where to purchase.</cmns-av:explanatoryNote>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;PreApprovalRequest">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-rep;RequestActivity"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fbc-dae-dbt;hasBorrower"/>
				<owl:someValuesFrom rdf:resource="&fibo-fbc-dae-dbt;Borrower"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-loan-ln-app;hasRequestedAmount"/>
				<owl:someValuesFrom rdf:resource="&fibo-fnd-acc-cur;MonetaryAmount"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>pre-approval request</rdfs:label>
		<skos:definition>request from a potential borrower that a lender commit to pre-approving the borrower for a loan of up to a specified amount of money</skos:definition>
		<cmns-av:explanatoryNote>This may also include limits on the region where to purchase.</cmns-av:explanatoryNote>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;PublicRecord">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-arr-doc;Record"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-rel-rel;refersTo"/>
				<owl:onClass rdf:resource="&fibo-fbc-pas-caa;Account"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-agr-ctr;isEvidencedBy"/>
				<owl:onClass rdf:resource="&fibo-fnd-arr-doc;LegalDocument"/>
				<owl:minQualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">0</owl:minQualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&cmns-cls;isClassifiedBy"/>
				<owl:someValuesFrom rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>public record</rdfs:label>
		<skos:definition>record about an action involving a party that is publicly available from a court or other government agency</skos:definition>
		<cmns-av:explanatoryNote>This can include court actions such as bankruptcy and foreclosure, as well as liens and other events that have been recorded.</cmns-av:explanatoryNote>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;PublicRecordCategory">
		<rdfs:subClassOf rdf:resource="&cmns-cls;Classifier"/>
		<rdfs:label>public record category</rdfs:label>
		<skos:definition>classifier of public records relevant to a loan application, e.g. tax lien, wage garnishment, foreclosure</skos:definition>
	</owl:Class>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-BankruptcyRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>bankruptcy record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-CivilOrJudgementRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>civil or judgement record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-ForeclosureRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>foreclosure record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-GarnishmentRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>garnishment record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-LienRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>lien record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-MaritalRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>marital record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-PersonalPropertyRecord">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>personal property record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;PublicRecordCategory-RealEstate">
		<rdf:type rdf:resource="&fibo-loan-ln-app;PublicRecordCategory"/>
		<rdfs:label>real estate record</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;TotalDebtExpenseRatio">
		<rdfs:subClassOf rdf:resource="&fibo-fnd-acc-cur;PercentageMonetaryAmount"/>
		<rdfs:label>total debt expense ratio</rdfs:label>
		<skos:definition>ratio of all monthly debt payments of all borrowers, including proposed expenses, with respect to the income of the borrowers as relied upon to make a credit decision</skos:definition>
		<cmns-av:synonym>back end ratio</cmns-av:synonym>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;UnderwritingAutomation">
		<rdfs:subClassOf rdf:resource="&cmns-cls;Classifier"/>
		<rdfs:label>underwriting automation</rdfs:label>
		<skos:definition>classifier indicating whether a loan was underwritten manually or using an automated underwriting system</skos:definition>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-loan-ln-app;UnderwritingDecision">
		<rdfs:subClassOf rdf:resource="&cmns-cls;Classifier"/>
		<rdfs:label>underwriting decision</rdfs:label>
		<skos:definition>classifier providing a loan approval recommendation determined either manually or by an automated underwriting system</skos:definition>
		<cmns-av:adaptedFrom>the 2015 Revised HMDA regulation.</cmns-av:adaptedFrom>
	</owl:Class>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;UnderwritingDecision-Approve">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
		<rdfs:label>approve</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;UnderwritingDecision-Deny">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
		<rdfs:label>deny</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;UnderwritingDecision-Eligible">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
		<rdfs:label>eligible</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;UnderwritingDecision-Ineligible">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
		<rdfs:label>ineligible</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;UnderwritingDecision-Refer">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
		<rdfs:label>refer</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:NamedIndividual rdf:about="&fibo-loan-ln-app;UnderwritingDecision-UnableToDetermine">
		<rdf:type rdf:resource="&fibo-loan-ln-app;UnderwritingDecision"/>
		<rdfs:label>unable to determine</rdfs:label>
	</owl:NamedIndividual>
	
	<owl:ObjectProperty rdf:about="&fibo-loan-ln-app;hasApplicationDate">
		<rdfs:subPropertyOf rdf:resource="&fibo-fnd-arr-rep;hasRequestDate"/>
		<rdfs:label xml:lang="en">has application date</rdfs:label>
		<rdfs:domain rdf:resource="&fibo-loan-ln-app;LoanApplication"/>
		<rdfs:range rdf:resource="&cmns-dt;ExplicitDate"/>
		<skos:definition xml:lang="en">date on which an application was signed and submitted</skos:definition>
	</owl:ObjectProperty>
	
	<owl:ObjectProperty rdf:about="&fibo-loan-ln-app;hasApplicationPhase">
		<rdfs:subPropertyOf rdf:resource="&fibo-fnd-arr-lif;hasStage"/>
		<rdfs:label xml:lang="en">has application phase</rdfs:label>
		<rdfs:domain rdf:resource="&fibo-loan-ln-app;LoanApplication"/>
		<rdfs:range rdf:resource="&fibo-loan-ln-app;LoanApplicationPhase"/>
		<skos:definition xml:lang="en">The phase within the application lifecycle, that this Loan Application is at,</skos:definition>
	</owl:ObjectProperty>
	
	<owl:ObjectProperty rdf:about="&fibo-loan-ln-app;hasApprovedAmount">
		<rdfs:subPropertyOf rdf:resource="&fibo-fnd-acc-cur;hasMonetaryAmount"/>
		<rdfs:label>has approved amount</rdfs:label>
		<skos:definition>relates something, e.g. a loan, to the amount of funds approved</skos:definition>
	</owl:ObjectProperty>
	
	<owl:ObjectProperty rdf:about="&fibo-loan-ln-app;hasGrossIncome">
		<rdfs:subPropertyOf rdf:resource="&fibo-fnd-acc-cur;hasMonetaryAmount"/>
		<rdfs:label xml:lang="en">has gross income</rdfs:label>
		<rdfs:domain rdf:resource="&fibo-loan-ln-app;BorrowerAssessment"/>
		<rdfs:range rdf:resource="&fibo-fnd-acc-cur;MonetaryAmount"/>
		<skos:definition xml:lang="en">indicates the personal gross income of the borrower</skos:definition>
	</owl:ObjectProperty>
	
	<owl:DatatypeProperty rdf:about="&fibo-loan-ln-app;hasIntendedLoanPurpose">
		<rdfs:label xml:lang="en">has intended loan purpose</rdfs:label>
		<rdfs:domain rdf:resource="&fibo-loan-ln-app;LoanApplication"/>
		<rdfs:range rdf:resource="&xsd;string"/>
		<skos:definition xml:lang="en">indicates the purpose to which the loaned funds are to be put</skos:definition>
	</owl:DatatypeProperty>
	
	<owl:DatatypeProperty rdf:about="&fibo-loan-ln-app;hasOriginalLoanDebtToIncomeRatio">
		<rdfs:label xml:lang="en">has original loan debt-to-income ratio</rdfs:label>
		<rdfs:domain rdf:resource="&fibo-loan-ln-app;BorrowerAssessment"/>
		<rdfs:range rdf:resource="&xsd;decimal"/>
		<skos:definition xml:lang="en">indicates the debt-to-income (DTI) ratio at the time when the loan was advanced; for combined income</skos:definition>
	</owl:DatatypeProperty>
	
	<owl:ObjectProperty rdf:about="&fibo-loan-ln-app;hasRequestedAmount">
		<rdfs:subPropertyOf rdf:resource="&fibo-fnd-acc-cur;hasMonetaryAmount"/>
		<rdfs:label>has requested amount</rdfs:label>
		<skos:definition>relates something, e.g. a request for a loan, to the amount of funds requested</skos:definition>
	</owl:ObjectProperty>
	
	<owl:DatatypeProperty rdf:about="&fibo-loan-ln-app;isPreApprovalRequested">
		<rdfs:label xml:lang="en">is pre-approval requested</rdfs:label>
		<rdfs:range rdf:resource="&xsd;boolean"/>
		<skos:definition xml:lang="en">indicates whether a pre-approval has been requested, in conjunction with a loan application</skos:definition>
	</owl:DatatypeProperty>
	
	<owl:ObjectProperty rdf:about="&fibo-loan-ln-app;usesFactor">
		<rdfs:subPropertyOf rdf:resource="&fibo-fbc-dae-dbt;isBasedOn"/>
		<rdfs:label xml:lang="en">uses factor</rdfs:label>
		<skos:definition xml:lang="en">relates e.g. a risk assessment to something used as a factor to make the assessment</skos:definition>
		<cmns-av:explanatoryNote>There is intentionally no range for this property, so as not to limit what can be used as a factor. Often it will be a measure such as borrower monthly income. Thus, having a class called Factor seems unhelpful.</cmns-av:explanatoryNote>
	</owl:ObjectProperty>

</rdf:RDF>