Every loan applicant goes through a scoring process, or a process in which the bank checks the client’s ability to repay the loan in the long term. It doesn’t matter whether you are applying for a conventional loan, a mortgage or any other loan.
What is scoring?
Scoring is a process whereby the bank verifies the creditworthiness of the loan applicant, i.e. whether he/she will be able to repay the loan properly and on time. It will also help the bank to determine the optimal amount of the loan and monthly repayments.

How is the scoring done?
During the scoring process, the bank compares the applicant’s income and expenses, adds data from the debtor register and obtains an overview of the applicant’s past payment record. What is important for scoring an applicant?
- Age of the mortgage applicant
- Records in banking and non-banking registers (Solus, BRKI, NRKI)
- Occupation
- Income and expenditure including repayments of all loans and credits
- Applicant’s marital status including number of children raised
- Source of income
- Highest level of education attained
How to improve the applicant’s creditworthiness?
Are you worried that the bank won’t find you fit enough to repay the loan? You can improve your creditworthiness! This is most often a problem for people with lower incomes. How to do it?
- Pay off a consumer loan with a mortgage
- Boost your credit rating with one-off rewards at work
- Renting out your own flat? Provide proof of rental income.
- A pre-approved mortgage based on account movements can also help entrepreneurs.