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# home-loan-sanction-amount | ||
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## Problem Statement | ||
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* Buying a house requires a lot of careful planning. Once we have finalized your budget and the house that we want to buy, we must ensure sufficient funds to pay the seller. | ||
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* With rising property rates, most people avail home loans to buy their dream houses. The bank only lends up to 80% of the total amount based on a person's finances (salary, outgoing expenses, existing loans, etc.). We will need to make the rest of the payment yourself after the bank tells you how much they can lend. | ||
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* We need to predicting loan amount that can be sanctioned to applicant based on available features. | ||
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## Data Description | ||
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| Columns | Column Description | ||
|-------------------------------|---------------------------------------------------------------------------------- | ||
| Customer ID | Represents a unique identification number of a customer | ||
| Name | Represents the name of a customer | ||
| Gender | Represents the gender of a customer | ||
| Age | Represents the age of a customer | ||
| Income (USD) | Represents the income of a customer | ||
| Income Stability | Represents whether a customer has a stable source of income | ||
| Profession | Represents the profession of a customer | ||
| Type of Employment | Represents the type of employment of a customer | ||
| Location | Represents the current location that a customer resides | ||
| Loan Amount Request (USD) | Represents the loan amount requested by a customer | ||
| Current Loan Expenses (USD) | If a customer has any current active loans, then this represents the amount that a spends on these loans (monthly) | ||
| Expense Type 1 | Represents a type of expense that a customer spends on (monthly) | ||
| Expense Type 2 | Represents a type of expense that a customer spends on (monthly) | ||
| Dependents | Represents whether a customer has any dependencies (spouse, parents, siblings, children, etc.) | ||
| Credit Score | Represents the credit score of a customer | ||
| No. of Defaults | Represents the number of time a customer has defaulted | ||
| Has Active Credit Card | Represents if a customer has any active credit cards or not | ||
| Property ID | Represents an identification number of a property | ||
| Property Age | Represents the age of a property | ||
| Property Type | Represents the type of property | ||
| Property Location | Represents the location of a property | ||
| Co-Applicant | Represents whether a customer has co-applicants | ||
| Property Price | Represents the selling price of a property | ||
| Loan Sanction Amount (USD) | Represents the loan sanctioned amount for a customer | ||
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