OCoRUSCA General

TurnKey Lender provides Back-office users with six dedicated workplaces devoted to each step of the loan lifecycle:

• Origination: creation and collection of initial data and/or initial approval of the loan application

• Collateral: collection of the collateral details, its assessment and decision on whether the application can be sent for further approval

• Risk Evaluation: additional manual verification of whether the application can be sent for further approval (follow auto-processing)

• Underwriting: decision on the application approval, creation of an offer / agreement, final check before disbursement

• Servicing: disbursement and further servicing of a loan

• Collection: used in case of debt and late payments

• Archive: applications that are no longer processed or serviced (rejected, cancelled, closed, etc.)