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US 2013/0297488 A1Published application
System, method, service and computer readable medium for taking and processing paperless mortgage loan applications
OwnerIavor BOYANOV, Iordan GAVAZOVinventors
Life of this patent
Estimating the term…
Abstract
A system, service, method, and computer program product is described that allows borrowers to fill-in, sign and submit mortgage loan applications and custom disclosures directly from tablet computers without the need of paper. The signed forms and data are securely transferred from the tablet computers to the loan agent's LOS software and imaging system.
Claims20
A method of taking and processing paperless mortgage loan applications via a mobile device, comprising:
- displaying, on a touch screen of a mobile computing device, a loan document having loan data input fields and at least one signature field for a loan applicant to enter at least one of a full signature and initials;
- and
- receiving user inputs of the loan applicant to the loan document entered via the mobile computing device, the user inputs including at least one entry to a signature field entered via the touch screen.
A method of providing a paperless loan application service, comprising:
- providing a web portal for mortgage lenders to define individuals authorized to have access to a mobile tablet software application for entering and reviewing loan information via mobile tablet computing devices;
- providing access to the mobile tablet application to an authorized user, the mobile tablet application generating a display on a touch screen of a mobile tablet computing device of a loan document having data entry fields and at least one signature field for entering at least one of initials and a signature;
- receiving from the mobile tablet computing device the data entries and signature for a completed loan document;
- and
- providing the completed loan document to at least one of a mortgage lender and a lender origination system.
2 more elements
A method of taking a paperless mortgage loan application, comprising:
- generating a graphical user interface on a touchscreen tablet computer, the graphical user interface including user interfaces for a set of loan documents of a mortgage loan for a borrower to execute all necessary signatures, with at least one loan document including data entry fields and at least one field to enter a signature authorization via the touchscreen;
- wherein the graphical user interface provides complete set of mortgage loan application documents is provided for the borrower to enter all necessary signatures or initials via the touchscreen tablet computer such that the entire loan application process is paperless.
Dependencies are inferred from the claim text.