What Does a Loan Processor Do?

February 6, 2022By software supportBusiness

What Does a Loan Processor Do? Mortgage processors are critical to the process of a home loan.  They interview loan applicants, conduct background checks, manage loan pipelines and verify references. Processors review loan documents and transactional information between borrowers, sellers and the lender. They also prepare, review and double-check mortgage applications and other paperwork for … Read More

Unsecured Line of Credit vs SBA 7a Loan

September 4, 2021By software supportBusiness

Unsecured Line of Credit vs SBA 7a Loan Unsecured Line of Credit Sometime a business can succeed by obtaining revolving business credit lines on your business’ behalf. These lines are Unsecured Revolving Business Credit Accounts that for the most part do not report to your personal credit. Funding ranges between $25K-$100K with a pre-approval amount … Read More