> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://help.padsfinancial.com/sitemap.xml
> Use this file to discover available pages before exploring further.
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# What does it mean when my application status is “Approval Required”?

When this status is applied, this means that a loan offer has been sent to the borrower and requires action to be taken. You can choose to either accept the terms of the loan, decline the loan, or send it back to the underwriter with your desired comments.