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January 1, 1 5 min read Definitions
Loan Processing
Loan Processing Mortgage Approval Real Estate Financing Home Loans Mortgage Insurance Credit Check Appraisal Closing
Loan processing encompasses the various steps taken by a lender to approve a loan, from the initial application to the closing of the loan. It involves verifying the borrower's information and fulfilling necessary requirements to ensure the legality and financial viability of the loan.
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