ONLINE INTERACTIVE INTERFACE AND AUTOMATED PROCESSING FOR LOAN ORIGINATION AND UNDERWRITING

摘要

A user is provided an online interactive interface to fill in a loan origination form, to finance the purchase of a business. The form requests information about the business, including expense items associated with operating the business. Information that is reflected in the filled form is then transmitted to a lender and informs the lender’s decision to approve a loan for financing the property. The transmitted information reflects the expense items in the same format as a form used by a professional appraiser to report to the lender an appraisal of the business. Other embodiments are also described and claimed.