
Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan ...
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The steps taken by a lending institution up to the time a loan is made and placed on its books,... <a target=_blank href='http://www.finance-glossary.com/terms/loan-origination.htm?id=12988&ginPtrCode=00000&PopupMode=false' title='Read full definition of loan origination'>more</a>
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