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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In general, usage of advance products fluctuates in accordance with members' funding needs related to their deposit levels, mortgage pipelines, investment opportunities, available collateral, balance sheet strategies, and the cost of alternative funding opportunities.

FHLBI Declares Dividends, Reports First Quarter 2016 Financial Results

Because refinance loans tend to fall out of mortgage pipelines more easily than purchase money loans, point-of-sale approval of such loans should increase closure rates in any market.

Automated underwriting down under

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