Loan origination


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Related to Loan origination: Loan Origination Fee

Loan origination

All the steps involved in making a new loan including initial application to processing of a loan until it appears on the lender’s books.

Origination

The act of making a mortgage loan. Origination is usually a rather lengthy process, as it requires the lender to investigate the borrower's risk, negotiate the terms of the loan and agree upon a loan amount. It is also called loan origination. See also: Origination fee.
References in periodicals archive ?
Today, lenders can use the omni-channel Empower loan origination system to support their retail, wholesale, assumptions, home equity, consumer-direct and correspondent lending business -- all on a single platform.
We believe that mobile loan origination is going to transform the way that mortgage lenders do business.
* Information Technology * Financial Aid * Enrollment Management * Imaging * Student Call Center * Loan Origination & Servicing
The ultimate resolution of the treatment of loan origination costs could have collateral effects on other taxpayers.
Banks can currently use the omni-channel Empower loan origination system to support their retail, wholesale, assumptions, home equity, consumer-direct and correspondent lending business-all on a single platform.
Digital loan origination and processing require a high amount of compliance and financial institutions need to balance those requirements with security and ease of use, said VASCO Chief Executive Officer, Scott Clements.
Through the first five months of the year the company processed 137 loan origination requests totaling $1.88 billion.
As an industry-leading, comprehensive account and loan origination system, Lending 360 offers dynamic features that streamline the entire loan application process, giving credit unions the ability to greatly enhance loan officer efficiency and member experience.
MILWAUKEE: Mortgage Guaranty Insurance Corporation announced the availability of non-delegated mortgage insurance with document submission through PCLender, Fiserv's leading loan origination system.
mAapply allows banks to digitize their loan origination lifecycle and helps the bank's customers and mortgage brokers to view pre-approved loan offers from the bank, choose the best offer and file a paperless loan application within minutes.
Agoura Hills, California-based Interthinx announced it has successfully integrated its fraud-prevention system with Austin, Texas-based MortgageDashboard Inc.'s loan origination system, MortgageDashboard.
The financial sky may be falling, but the number of senior housing/healthcare borrowers initiating loan origination requests with Cambridge Realty Capital Companies remained on an even keel in August, the company reports.