{"id":26099,"date":"2022-10-24T09:54:23","date_gmt":"2022-10-24T09:54:23","guid":{"rendered":"https:\/\/mozaiq.ai\/?p=26099"},"modified":"2022-11-17T18:45:50","modified_gmt":"2022-11-17T18:45:50","slug":"demo-no-12-loan-estimate","status":"publish","type":"post","link":"https:\/\/mozaiq.ai\/demo-no-12-loan-estimate\/","title":{"rendered":"DEMO NO. 400 – Loan Estimate"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"

LOAN ESTIMATE: The wholesale mortgage Loan Estimate (LE) process involves coordination between the broker and the lender to ensure the disclosures sent to the borrower are accurate and within guidelines. MOZAIQ\u2019s Loan Estimate automation verifies the loan fees and broker pricing on the submitted loan application to confirm compliance before generating an LE. The LE is then sent to the broker for approval. The broker uses a white-labelled website to approve the LE or update the fees. Updates are pushed back to the Loan Origination System and once the broker approves the LE, the Initial Disclosures are sent to the borrower, default UW conditions are added to the loan, and the milestone\/stage is updated. After the Digital Worker has completed the process, an email is sent to the Ops Team to continue the loan fulfillment.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[60],"tags":[],"yoast_head":"\nDEMO NO. 400 - Loan Estimate - mozaiq.ai<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mozaiq.ai\/demo-no-12-loan-estimate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEMO NO. 400 - Loan Estimate - mozaiq.ai\" \/>\n<meta property=\"og:description\" content=\"LOAN ESTIMATE: The wholesale mortgage Loan Estimate (LE) process involves coordination between the broker and the lender to ensure the disclosures sent to the borrower are accurate and within guidelines. MOZAIQ\u2019s Loan Estimate automation verifies the loan fees and broker pricing on the submitted loan application to confirm compliance before generating an LE. The LE is then sent to the broker for approval. The broker uses a white-labelled website to approve the LE or update the fees. Updates are pushed back to the Loan Origination System and once the broker approves the LE, the Initial Disclosures are sent to the borrower, default UW conditions are added to the loan, and the milestone\/stage is updated. 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