Mortgage Processing

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January 1, 1 6 min read Definitions
Computerized Loan Origination (CLO)
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A computer-based network of lenders that allows affiliated real estate brokers, builders, or advisors to originate loans at the site of the home. Provides a streamlined process whereby a person can buy a home and apply for a loan at the same place and time.
Read more about Computerized Loan Origination (CLO).

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