This loan origination system workflow diagram represents the loan origination system process. Loan origination refers to the process by which a borrower applies for a loan and a lender either approves or rejects the application. The origination process includes all steps from application to funding disbursement or application rejection. This workflow diagram for a loan origination system also shows the functionalities. The loan origination functionality also combines an innovative and user-friendly framework with automated workflows, checklists, document management, analytics along with real-time reporting to provide a complete end-to-end loan origination system from application to underwriting, adjudication, document preparation, and closing.
