Global education dreams often clash with financial realities. While over 1.3 million Indian students are studying abroad in 2024, many found their ambitions constrained by the staggering costs. A typical master’s program at a US university now demands an investment of ₹24 lakhs to ₹96 lakhs, placing international education beyond the reach of most middle-income […]
Understanding Collateral Valuation Strategies in Corporate Loan Underwriting
In corporate loan underwriting, collateral acts as a safety net for lenders, reducing the risk of loss, and making sure that the lender can recover their funds if a borrower defaults. Typically, the size of the loan a lender provides ranges from 70% to 90% of the collateral’s value. This significant margin shows the importance […]
How Does a Loan Origination System Integrate with Legacy Systems?
As banking and lending become more inclusive and personalised, financial institutions continuously seek innovative solutions to streamline operations. One solution that has gained significant popularity in helping lenders improve their operations is the loan origination system (LOS). As per an IBSi report, over 55% of banks say the limitations of their existing core solutions are […]
Top 10 Features Every Modern Loan Origination System Should Have
Lending has changed dramatically with the rise of digital technology, and a modern Loan Origination System (LOS) plays a key role in this transformation. Traditional loan processes, relying on paperwork and manual input, have given way to automated, streamlined operations. A powerful LOS becomes indispensable as more lenders adopt technology to improve efficiency. But what […]
What are the Key Features to Look for in Loan Origination Software?
Lending is a dynamic industry. To succeed, lenders must adapt to evolving regulations, industry practices, and customer expectations. In this context, embracing automation and digitisation can help them streamline their operations and adapt to changing needs. The loan origination software(LOS) can be a useful instrument, allowing lenders to make the loan application and disbursal processes […]
Evaluating Loan Origination Software: 9 Critical Questions to Ask
When lenders choose a suitable loan origination software (LOS), it can significantly boost their operational efficiency, improve customer experience while mitigating security risks and providing a competitive edge. According to a 2024 study, loan origination systems that incorporate automated workflows, mobile features, and e-signing capabilities can reduce loan processing times by up to 30%. However, […]