Retail loan origination requires the interplay of many internal and external systems to originate, underwrite, and close a loan. These processes are fairly simple for credit card and personal loan origination but become progressively more difficult for secured automobile, home equity, and mortgage loans.

Today many lenders still use different loan origination systems (LOS) for each type of loan. Separate loan origination systems are expensive to maintain, but composable, cloud-based systems are being introduced into the market. TCS Digital Mortgage Lending Solution is such a system—an enterprise LOS that can process all loan types from the most complex mortgage loan to the simplest credit card loan—and addresses the business challenges described above.