Patent · US Expired

Mortgage loan customization system and process

US7089503B1 · kind B1 · utility

169Cited by
10References
31Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 3, 2002
Grant dateAug 8, 2006
Priority date
Expiry dateMay 13, 2023

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/03
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computerized mortgage loan system and process to enable borrowers to design mortgage loans that meet their particular individual needs and financial goals, and that can be adapted to fit changing needs and goals is provided. The loan requirements of the borrower are obtained and applied to a set of rules for combining loan product features. One or more loan recommendations are determined and presented to the borrower. The loan recommendations include customized combinations of loan features based on the loan requirements of the borrower and the rules.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.