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Suntell in the Community: Ryan Lolley

Suntell Trainer, Ryan Lolley, has enjoyed spending the summer coaching softball. He loves sharing his knowledge and love of the game with kids and watching them grow and learn a sport he enjoyed.
When asked what his favorite part of coaching is, he answered, “I probably most enjoy watching the girls create lifelong friendships. Our team has done bowling parties, swimming parties, tons of birthday parties, Disney movie watch parties, and dance parties. They really enjoy hanging out with each other no matter if we’re doing softball or any other activity.”

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How does a loan origination system work?

An LOS is defined as a system that automates and manages the end-to-end steps in the loan process – from the application, through underwriting, approval, documentation, pricing, funding, and administration.

What is the difference between loan origination and underwriting?

A loan officer is someone who works for a bank or credit union or other financial institution and offers loans to borrowers, while an underwriter is someone who analyzes documents from potential borrowers to determine if they are eligible for a loan.

What are the benefits of loan origination software?

By now, lenders are well versed in the benefits of a digital loan origination system, such as: Providing borrowers with easy, streamlined, and digital applications. Providing bankers with automating spreading and financial analysis tools.