What to look for in a mortgage LOS: 5 questions you should ask

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When beginning your search for a new mortgage loan origination system (LOS), it’s important to consider a variety of factors, such as total costs and technology capabilities.

Within these considerations, it’s also crucial to understand the ROI your current mortgage LOS offers, as well as how that ROI may stack up against the financial and technological elements of the potential new LOS.

However, as lending professionals, we know that you and your team are very busy people and that, as a result, you don’t have time to comb through option after option for new mortgage technology. That’s why we created a handy shopping list to remove some of the guesswork and help you determine what to look for in a mortgage LOS system!

 

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