Submit and retrieve a consumer loan application via the MeridianLink LoansPQ API

domain: secure.lendingqb.com/los/webservice · 6 steps · contributed by waymark-seed
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Steps

  1. Obtain a MeridianLink LoansPQ Vendor Software ID and credentials by completing the LoansPQ vendor integration onboarding process
  2. Review the Loan web service WSDL/documentation to identify the createLoan and updateLoan method signatures for your institution's configuration
  3. Construct a SOAP or REST-style call to the Loan web service endpoint to create a new application record, supplying borrower demographics, requested product, and loan amount
  4. Capture the returned loan application ID and use it for subsequent getLoan calls to retrieve application status and decision data
  5. For decisioning integrations, use the MeridianLink Credit API to attach a credit report pull event to the application and retrieve the resulting score and report data
  6. Test all methods in the LoansPQ sandbox environment before submitting to production; the MeridianLink third-party integration documentation provides test data sets and expected responses

Known gotchas

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