GLOSSARY
The language behind a defensible private lending review.
Plain-language definitions for the evidence, findings, sources, and lender controls that make verification useful.
USE TERMS IN CONTEXT
A definition matters when it changes how the file is reviewed.
Each term below connects to the evidence problem it solves and the decision boundary the lender retains.
Start with five foundational terms
These concepts explain how LendlyX separates evidence analysis from lender authority.
01 What is a reason-coded finding?
A status paired with the reason, source, and evidence location
02 What is evidence integrity?
Whether evidence appears authentic, consistent, and reliable in context
03 What is source-linked evidence?
Evidence connected to the document, data, or media that supports a finding
04 What is appraisal XML?
Structured source data that acts as the appraisal’s digital footprint
05 What is lender disposition?
The lender’s documented action after reviewing a finding
FOUNDATIONAL TERM
Verification intelligence
Structured evidence analysis that supports a reviewer without replacing the reviewer’s authority.
→ Status explains review state
→ Reason explains why
→ Source explains where
→ Disposition records lender action
Core terms across the borrower file
Use these definitions when evaluating coverage, output quality, workflow fit, and control boundaries.
01
PEOPLE
KYC
Know Your Customer: identity, document authenticity, face match, liveness, and consistency checks for the person entering the file.
IDENTITY VERIFICATION
02
BUSINESS
KYB
Know Your Business: business registration, ownership, principals, operating details, and related due diligence context.
ENTITY VERIFICATION
03
DOCUMENTS
Evidence integrity
Analysis of documents, data, and media for indicators of alteration, manipulation, synthetic content, source variance, or inconsistency.
DOCUMENT + MEDIA REVIEW
04
PROPERTY
Draw decisioning
A lender-owned review that connects a draw request with progress evidence, budget, scope, prior history, and policy context.
LENDER CONTROLS FUNDS
05
DECISIONS
Audit trail
The time-ordered record of findings, sources, reviewer actions, dispositions, and changes tied to the lender file.
REVIEW HISTORY
How the terms fit together
Evidence enters the workflow, analysis creates a finding, and the lender records the disposition.
01
Evidence
Documents, data, media, and source context submitted for review.
SOURCE WHAT WAS REVIEWED
02
Finding
A structured status, reason, source, and evidence location returned by the analysis.
OUTPUT WHAT CHANGED + WHY
03
Disposition
The lender’s documented action after applying policy and reviewing context.
AUTHORITY WHAT THE LENDER DECIDED
NEED A TERM ADDED?
Tell us which part of the review needs clearer language.
We’ll connect the term to the evidence, finding, workflow, and lender control it represents.
See LendlyX in your workflow →