loan processing
Definition
Entire sequence of steps, from the time a loan application is received (or a loan offer is accepted) to the time loan is closed, the loan proceeds are disbursed, and the aggregate amount (principal plus interest) is placed on the lender's books as an asset.
Popular 'Banking, Commerce & Finance' Terms
loan processing in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/loan-processing.html
