loan servicing software community bank small business

FOUR WAYS DECISION RULES DRIVE LOAN ORIGINATION AUTOMATION

The defi Team Automation, defi INSIGHT, defi LOS

Decision rules are a big reason why modern, cloud-based loan origination solutions are so efficient. Decision rules may be used in nearly every step of the process. They are the foundation for loan origination automation. Unlike legacy lending software, decision rules don’t need in-house programming skills or outside consultants to make loan origination process modifications. Instead, they are created and managed by using configuration menus.