Of course, the banks don't just give a large loan without due diligence. The difference is that if you don't need both a "good credit report" and proof of incom

Of course, the banks don't just give a large loan without due diligence. The difference is that if you don't need both a "good credit report" and proof of income/assets/revenue, you just need the latter (obviously simplifying but your credit report is considered good as long as it's not bad, rather than bad until it's good).