Definitions for "Loan processing"
The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.
The lenders opinion of your financial and credit past, combined with your income to calculate your ability to qualify for a loan.
The steps performed by the lender to determine whether to grant or deny a loan.
Using Documentum products to manage the processing of loans which includes loan origination and/or loan servicing.