
Loan Origination Systems
A Loan Origination System (LOS) is a software platform used by lenders to manage the entire process of issuing a loan, from application to approval. It streamlines tasks such as collecting borrower information, assessing creditworthiness, verifying documents, and preparing approval documents. The system helps ensure accuracy, consistency, and efficiency, reducing the time and effort involved for both lenders and borrowers. By automating many steps, it improves the overall experience and allows lenders to process more applications quickly while maintaining compliance with regulations.