Online system for fulfilling loan applications from loan originators
AssigneeEllie Mae, Inc.
InventorsLimin Hu, Babak Khanpour, Ting-Hu Wu
Life of this patent
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AssigneeEllie Mae, Inc.
InventorsLimin Hu, Babak Khanpour, Ting-Hu Wu
Estimating the term…
A processing and submission client/server system transmits relevant loan information from a borrower to one or more lender computer systems through pre-defined file templates, which are utilized during loan origination. An automatic data flow process from the origination screen populates the relevant fields in any other related loan forms and word processing documents. Different forms are supported for different types of loans. The loan originator computer system includes a loan origination software program integrated with a web-browser based interface system. The interface system couples the loan origination software program to one or more partner computers. The partners comprise loan underwriters, lenders, and settlement service vendors. The interface system provides dynamic formatting and data transmission for different connections depending on the transaction type and target partner. In a web-based implementation, the interface system populates data directly from the loan origination software program to the appropriate web pages of the target partners.
A computer program product for the formatting and transmission of data to and from a loan originator computer to and from one or more partner computers, the computer program product encoded in a medium and including instructions for implementing:
A method for processing and submitting loan application data over a computer network for the formatting and transmission of data to and from a loan originator computer to and from one or more partner computers, the method employing a loan origination software program with native web browser capability resident on the loan originator computer, and one or more web browser modules, the method comprising the steps of:
Dependencies are inferred from the claim text.