Which term refers to the comprehensive study of a borrower's financial position?

The term that refers to the comprehensive study of a borrower's financial position is "Qualification assessment." This process involves a thorough evaluation of the borrower's financial history, creditworthiness, income stability, and overall ability to repay a loan. It is a crucial step for lenders to determine how likely the borrower is to fulfill their loan obligations, ensuring they make informed lending decisions.

A qualification assessment typically encompasses reviewing the borrower’s credit score, debt-to-income ratio, employment history, and other financial indicators. This comprehensive nature of the assessment helps in understanding not only the current financial status of the borrower but also their potential for future financial stability.

While loan analysis, financial review, and credit assessment are components of understanding a borrower's financial position, they do not encompass the full breadth of evaluation that a qualification assessment provides. Each of the other terms typically represents a more focused aspect of the overall qualification process.