Mortgage loan commitment system and method
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United States of America Patent
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Jun 22, 2010
Grant Date -
May 12, 2005
app pub date -
Dec 16, 2004
filing date -
Dec 30, 2002
priority date (Note) -
In Force
status (Latency Note)
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Abstract
An Internet-enabled interface for receiving commitments to sell mortgage loans. The interface includes a plurality of loan commitment input fields configured to receive loan commitment data. The data input fields include at least a loan type input field, a commitment amount input field, and a commitment period input field. The interface further includes at least one loan commitment output field including loan commitment price information; and a loan commitment transaction button configured to initiate automatic processing of the loan commitment data to create a loan commitment.
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