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US 2007/0192209 A1Published application
Mortgage loan origination system and method
OwnerGerald Anthony Ronan, Robert John Oakesinventors
Life of this patent
Estimating the term…
Abstract
A loan origination system and method includes a special button that is placed on a loan Originator's website, a web page linked to the special button with a loan application button provided by a direct lender, a personal assistant provided by the direct lender and assigned to the loan Originator, and an abbreviated loan application which is accessed from the web page, and submitted on-line to the direct lender.
Claims17
A loan origination system, comprising:
- a special button placed on a real estate sale professional's website;
- a loan web page linked to the special button, the web page including with a loan application button provided by a direct lender;
- and
- an abbreviated loan application which is accessed from the web page, and submitted on-line by a client to the direct lender that gathers enough information to make contact with the client for application proofing and for adding additional information through an initial interview process.
1 more element
A computer-assisted method for originating a mortgage loan process for a real estate property, comprising:
- using a web browser to navigate to real estate sale professional's website home page;
- from a link maintained on home page of said website, navigating to a mortgage loan page of said website, said mortgage loan page including loan option information regarding different types of available loan products;
- from said mortgage loan page of said website, opening a link to an abbreviated loan application that gathers enough information to make contact with a client for application proofing and for adding additional information through an initial interview process;
- setting up a client login;
- entering a client's application information into said abbreviated loan application to provide a completed abbreviated loan application originated from the real estate sale professional's website;
- transmitting said completed abbreviated loan application via an internet connection to a server maintained by the direct lender;
- processing said completed abbreviated loan application by the direct lender to render an approval decision or collect additional information from the client, said processing including downloading the abbreviated loan application by a loan processor person assigned by the direct lender to the real estate broker, and contacting the client to collect additional information needed in a loan approval by the direct lender or by an underwriter.
4 more elements
A computer-assisted method for originating a mortgage loan process for a real estate property, comprising:
- using a web browser to navigate to a real estate sale professional's website;
- from a link maintained on home page of said website, navigating to a mortgage loan page of said website, said mortgage loan page including loan option information regarding different types of available loan products;
- from said website, opening a link to an abbreviated loan application that gathers enough information to make contact with the client for application proofing and for adding additional information through an initial interview process;
- entering a client's application information to provide a completed abbreviated loan application originated from said website;
- transmitting said completed abbreviated loan application via an internet connection to a server maintained by the direct lender;
- processing said completed abbreviated loan application by the direct lender to render an approval decision or collect additional information from the client, said processing including downloading the abbreviated loan application by a loan processor person assigned by the direct lender to the real estate sale professional, and contacting the client to collect additional information needed in a loan approval by the direct lender or by an underwriter.
3 more elements
Dependencies are inferred from the claim text.