Loan origination software is a platform for centrally managing and automating different stages of the loan servicing cycle, i.e., loan
application, document verification, and credit approval, with automated underwriting.
Mortgage Software Systems and why it is important for your career. A "Loan Operating System" (LOS) combines loan
origination software with electronic document management use with affiliated vendors, as well as underwriting and secondary marketing Automated Intelligence
(AUS).
To perform functions as a Loan Officer, Loan Processor, Underwriter or other mortgage positions, you will have to understand the
basics of how the mortgage industry uses the systems to navigate a loan application from the interview to closing.
Actual hands on exprience using one of the latest
Loan Operating System loaded on your computer during training.