Mortgage pipeline

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Mortgage pipeline

The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.

Mortgage Pipeline

Informal; the process by which a mortgage lender conducts all due diligence, files all necessary paperwork, and generally makes preparation for a new mortgage. This includes investigating the potential borrower's credit history and determining whether making the loan is a good risk. See also: Mortgage-pipeline risk.
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