If you are involved in either operations or technology systems for a mortgage broker or lending company, you may have heard about or explored loan origination systems (LOS). But what exactly is a LOS?
To help you better understand loan origination systems here's a comprehensive guide to how they assist and streamline the loan process, including:
Download this guide to help you better understand loan origination systems and help identify the key features to look for when evaluating these platforms for your company.
- Loan origination and fulfillment
- Pricing and eligibility for each loan
- Documents management for underwriting and closing
- Interface with third-party systems for data/document exchange