The Origination tab displays information regarding the lender, or originator on the loan.
The Origination tab is made up of the following fields:
Lender: Name of the originator (lender) for the loan.
Lender City: City in which the lender is located.
Loan Officer: Name of the person serving as the loan officer for the loan.
Officer Assigned Date: Date the loan was assigned to the selected loan officer.
Loan Processor: Name of the person serving as the loan processor for the loan.
Processor Assigned Date: Date the loan was assigned to the selected loan processor.
Dates: Important dates pertaining to the loan.
Closing: Actual date the lender funds the loan.
Expiration: Date the commitment or reservation expires. Read-only.
First Payment: Date when the first loan payment is due from the borrower.
Maturity: Date when the loan is expected to mature. This date is automatically added by the system
Cancel: Date the loan originator cancels the loan, if applicable.
Rejected: Date the loan was rejected, if applicable.
Serviced: Date the loan was serviced.
Extension: Date the loan was extended, if applicable. Read-only.
Reinstate: Date the loan application was reinstated, if different from the reservation date.
Assumed: Date the loan was assumed. This date is automatically added by the system.
Package Receive: Date the loan package was received from the originator.
Package Sent: Date that the loan package was sent from the agency to the servicer after processing.