The process of preparing, submitting, and evaluating a loan application; generally includes a credit check, verification of employment, and a property appraisal.

This where the loan officers work comes into play. This is also why the loan officer gets paid.

Origination also includes marketing and the various other means the Loan Consultant/Officer uses to gain new clientele. Origination is the whole package, finding the clients that need money, and acquiring it for them.

All Loan officers are 'originators' of loans. The origination process from advertising to gain new clientele, to matching them up with a prospective lender.

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