On-line loan process and system
US10846792B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Jan 11, 2017 |
| Grant date | Nov 24, 2020 |
| Priority date | — |
| Expiry date | Jul 15, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/16
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An apparatus and computerized method for automated loan origination processing via a computer system with communications devices for receiving loan application data and user provided information. Logic mechanisms programmed to automatically generate a loan origination compliance task workflow having an organized sequence of a plurality of compliance tasks in response to the loan application data received from a user. Receiving at a central computer server a loan application having information provided by the user via the user computer terminal and acquiring at the central computer server electronic data relating to the user from one or more databases responsive to receiving the user loan application information. Initiate a review process for the loan application utilizing the user provided information and data acquired from the one or more databases and render an approval decision for the electronic loan application based upon the review process.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.