301 - Retail Banking Configuration Loan Practice Questions

A customer needs a specific loan product that isn't selling well. What action should a banker take?

• AA. Focus on cross-selling other products
• BB. Increase awareness of the product
• CC. Reduce marketing efforts
• DD. Eliminate the product from the offering

When a customer submits a loan application, what is the first step in processing that application in nCino?

• AA. Verify customer documentation
• BB. Assess creditworthiness
• CC. Notify the customer
• DD. Assign an underwriter

A branch manager wants to monitor the performance of their loan officers. Which nCino feature should they use?

• AA. Compliance report
• BB. Performance dashboard
• CC. Loan pipeline report
• DD. Customer feedback survey

What is the purpose of configuring loan parameters in nCino?

• AA. To enhance marketing strategies
• BB. To initiate regulatory reviews
• CC. To generate customer referrals
• DD. To streamline loan application processing

If a branch needs to implement a new loan product quickly, what is the best approach using nCino?

• AA. Customize existing workflows
• BB. Wait for corporate approval
• CC. Develop a marketing strategy
• DD. Clone an existing loan product