Scroll below to learn more about innovation in the origination stage of the mortgage lifecycle.
A loan origination system (LOS) is the “back end” software solution at the core of a tech-forward mortgage lender. It automates and streamlines the “loan manufacturing process.”
A point of sale (POS) is the client-facing software solution that allows them to create a customer portal, apply for a loan online, and seamlessly submit needed documentation.
A pricing engine is an automated software solution that allows the mortgage originator to enter variables like employment details, credit details, and desired loan details.