Category
Sort By
Introduction A Loan Origination System (LOS) is a type of application that manages the complete loan application journey from the initial customer inquiry through disbursement or funding to the borrower. An LOS is used by all the types of money lenders like Banks, credit unions, financial institutions and mortgage lenders. An LOS...
Introduction A loan is some amount of money, any sort of property, or any other material goods given to a party in exchange for future repayment of the loan's principal value amount with interest in a fixed tenure and equated monthly installments, i.e., EMIs. A loan can be borrowed by a person, a bank, or any financial institution with...