Automated loan approval system
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United States of America Patent
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Jun 22, 2010
Issued Date -
N/A
app pub date -
Nov 15, 2002
filing date -
Nov 15, 2002
priority date (Note) -
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status (Latency Note)
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Abstract
The invention provides a method and system capable of automatic loan approval, in which lenders can both provide information to brokers regarding their loan policies, and in which brokers can obtain information regarding likely lender treatment of prospective borrowers. Thus, brokers search a database of possible loan programs made available by lenders, rather than lenders searching a database of possible loans made available by brokers.
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