Create and configure your approval center

POST to https://sandbox.verifast.com/api/v1/getapplicationapproval

Sample Request

curl --location --request POST 'https://sandbox.verifast.com/api/v1/getapplicationapproval' \
--header 'Authorization: Bearer Of5Ebpi4n7a6uPbpn2nYhs1y0sQDie9hV5lnXWYADtHVZredm6bHlXhmcSBZ' \
--form 'applicationid="234rdlj23l4kj12kl2j32323422"'

Sample Response

Starting from {baseline_value}, for every {baseline_type}(up/down) of {evaluation_value}, the score will {evaluation_type}(up/down) by {score_value}

Example

Rent to income has a weight of 10 in total approval center score
Rent to income should be 30% (baseline_value) or less
for every 3% (evaluation value) , Increase (baseline_type), reduce (evaluation_type) the weight by (score_value) of 1

In this scenario once rent to income hits 60% the applicant would have 0 out of 10 to their approval center score for this attribute

Parameter namedescriptionvalue
attribute_enabledwill this be used in the overall calculation1,0
baseline_valuethis is the value of the ratio like rent to income or number like count of nsfinteger
weightthe amount that will apply to the overall score. For example if weight is 10 for rent to income and if full points are awarded, 10 will be added to overall score to be calculated.integer
evaluation_valuethis is the amount of the baseline value going up or down that will trigger an increase or decrease of score valueinteger
baseline_typeassign if you want to track if the baseline value is going up or downdown,up
evaluation typedown,up
score_valueinteger
{
   "net_monthly_rent":{
      "attribute_enabled":"1",
      "baseline_value":"30",
      "weight":"10",
      "score_value":"3",
      "baseline_type":"down",
       "evaluation_type":"down",
      "evaluation_value":"1",
      "attribute_description":"Net monthly income to rent. This uses the rentbudget supplied and compares to total income to produce a percentage"
   },
   "debt_to_income":{
      "attribute_value":"1",
      "weight":"10",
      "score_value":"1",
      "baseline_type":"up",
      "baseline_value":"30",
      "evaluation_type":"down",
      "evaluation_value":"3",
      "attribute_description":"Net monthly income to rent. This uses the rentbudget supplied and compares to total income to produce a percentage"
   },
   ...
}