originate


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originate

To make; all the steps necessary to attract a potential borrower,process a loan request, prepare all necessary paperwork,and place the loan on the books of the lender.

References in periodicals archive ?
In other words, a payment originates in the domestic currency, undergoes a foreign-exchange conversion at the border, and is received by the beneficiary in his or her national currency denomination, as derived from the foreign-exchange conversion.
has been approved as a Fannie Mae multifamily small loan facilitator in order to meet the growing needs of financial institutions that originate small multifamily loans.
The two Equitable Companies' units will team to originate, underwrite and securitize loans ranging from $2 million to $25 million and above.