Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations.
We can provide the tools to mitigate risk and respond more rapidly to changes in the industry and in your business. Our innovative loan origination system (LOS) helps you originate and close more loans with fewer resources.
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