Real Estate Terms Glossary
What is Loan Origination?
Loan origination, in real estate, describes the process that happens when a buyer secures a mortgage loan from a bank or other lender. Loan origination often involves gathering and evaluating the appropriate or relevant client data in order to reach the loan decision.
Did you know that the loan origination process differs depending on the types of loans? For instance, the process for the origination of mortgage loans is considerably different from that of a personal loan.
Examples of Loan Origination
- Example 1: Personal loan origination
- Example 2: Mortgage loan origination
Here’s Investopedia’s definition of Loan Origination .
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