Loan Origination System (LOS)

Loan Origination System (LOS) is specially designed to support the loan application processing needs of banks and financial institutions. It employs Manam's workflow technology to control and monitor the various work steps in the loan processing and uses digital imaging technology to reduce the delays and inefficiencies in handling paper documents.

Key Features of Loan Origination System

• Automates origination, processing, workflow, underwriting, funding, through post-closing, servicing and secondary marketing
• End-to-End solution built with best-of-breed modules
• Entirely web-based application
• Easily customizable enables faster time to market
• Provides data validation and event triggers
• Design of Business Rules Management System allows for easy governance of products, pricing, underwriting, data validation and workflow
• Can be useful for mortgage, personal finance and auto loans
• Has built in credit scoring module