how does a loan origination work 
loan origination is the process lenders use to assess and approve borrower applications for various forms of debt these include loans and mortgages originations go from the initial application for credit through underwriting and the approval process in order for the process to work borrowers need to submit an application and additional documentation such as tax returns and pay stubs lenders normally charge a fee which is a small percentage of the balance to compensate them for the work involved in reviewing and approving the application 