Sentences with phrase «to process loan applications»

A fee paid to a lender for processing a loan application that is a percentage of the mortgage amount.

By processing your loan application up - front, we can get your loan pre-approved and secure your financing.

When offering a loan, lenders charge borrowers loan origination fees in exchange for the service of processing a loan application and lending money.

My exceptional proficiency in processing loan applications and performing other clerical tasks makes me a good fit for this position.

We'll start processing your loan application as soon as we receive it.

Most financial institutions process loan applications within only a day or two.

Contact them and ask about the criteria they use when processing loan applications.

Once the requirements are in order, the lender will immediately process your loan application and get back to you with a decision.

However, the bank will look at your age, source of income and ability to repay while processing your loan application.

Primary responsibility is to enter and process loan application information from inbound calls generated by all sales representative, distributors, or stores.

Mortgage lenders charge borrowers loan origination fees in exchange for the service of processing a loan application and lending money.

SoFi will also conduct a hard credit check after processing your loan application, which may affect your credit score.

Automated Underwriting: Automated underwriting is a computer - based approach that enables a lender to process a loan application more quickly, efficiently, and objectively — and use more sophisticated measure of risk.

I decided to process my loan application with IndusInd Bank after comparing all the banks in the market.

The Bank will process the loan application as per its regular verification & approval process.

The application is very simple, quick and easy as the lenders verify only your bank statements and credit card details before processing your loan application.

Loan Agents process loan applications and either approve or deny loan applications for individuals and businesses.

To be successful in this role, you should have a degree in Accounting or Finance along with experience processing loan applications.

At Big Valley Mortgage, we «by - pass» the pre-qualification step and actually process your loan application.

Simply put, a lender charges origination fees for processing a loan application and agreement.

Evaluate credit worthiness by processing loan applications and documentation within specific guidelines.

You just need to secure the loan requirements (having the cars on hand as well as their corresponding titles, a filled - out application form, valid driver's license and proofs of residence and capacity to pay), submit these documents either online and a loan specialist will get back to you soonest to move forward with the remaining steps in processing your loan application.

SoFi will also conduct a hard credit check after processing your loan application, which may affect your credit score.

The lender will also levy a processing fee with you toward the initial cost of processing your loan application.

Automated Underwriting: A computer - based method that enables mortgage lenders to process a loan application more quickly by using credit scores and other loan application data to make a recommendation on whether or not to extend a mortgage loan.

The mortgage rate quote will also include an annual percentage rate (APR) and an estimate of the fees you'll pay for getting a lender to process your loan application.

Origination fee: This is a fee charged for processing the loan application and approval, including verifying a borrower's information.

Most of the documents that will be required by your lender to process your loan application can be submitted online via the email or by faxing in copies of the documents.

Direct lenders do not work with brokers or other parties to process loan applications — they work directly with the applicant.

Keep in mind that the rate quote you see online is a starting point; a lender or broker will have to pull your credit information and process a loan application to provide an accurate rate, which you can then lock in if you're satisfied with the product.

It covers the documentation your mortgage banker will need in order to process your loan application.

Origination points are used to express the cost of a mortgage's origination fee, which is a service charge for processing a loan application.

Processing fee — We charge 2.50 % of the loan amount and tax as a nominal fee to process your loan application

MLOs are hired by a bank or other mortgage lender to conduct business with customers, market the lender's mortgage products and process loan applications.

Origination fee: This is a fee charged for processing the loan application and approval, including verifying a borrower's information.

Sometimes it may take longer than you might expect for the lender or VA to process your loan application.

But I can't able to find the status of my claim... Kindly advice how to check the same and how many days will it take to process my loan application.

Now it's time for us to get into action and process your loan application.

Origination Fee A fee paid to a lender for processing a loan application.

They are responsible for matching a mortgage program to your needs and processing your loan application.

However, most of these lenders will take one to three days to process the loan application and deposit the money in your account.