Computerized Systems

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August 25, 2024 3 min read Definitions
Computerized Loan Origination (CLO): Streamlining Mortgage Loans
Finance Real Estate Mortgage Loan Loan Origination Computerized Systems Real Estate Brokers Mortgage Lenders
Computerized Loan Origination (CLO) refers to the use of specialized computer software in the origination of mortgage loans, often by an individual who is not a loan officer, connecting the originator to various mortgage lenders. It enables real estate brokers to offer a broader range of services.
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