Loan Origination
/ˈloʊn ˌɔrɪdʒɪˈneɪʃən/
Definitions
- (n.) The process by which a lender evaluates, approves, and funds a borrower's loan application.
The bank's loan origination process includes credit checks and document verification.
Forms
- loan originations
Related terms
See also
Commentary
Loan origination is a critical initial phase in lending that involves regulatory compliance and risk assessment to mitigate default risks.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.