Loan Origination System

Modern world of e-commerce with most effective e-funds, e-money and all electronic finance supports has emerged to  a well efficient system of electronic economics. All electronic transactions are handled in two modes buyers and sellers. One of the main advantage of this digital transactions is that only electronic money instead of liquid cash is used and all transactions are more secure for all amounts higher or lower. Loan transactions and fund transactions are the best part of this electronic dealings. Mortgage Loan or Mortgage contribute to major sections of this electronic transactions. Mortgage by usage is always referred to as Mortgage loan. Mortgage loan in simple words is a loan provided  after giving land property as security. Mortgage loan is the highest percentage of loan with lowest percentage of interest and is the most commonly taken loan to the present. Mortgage software best used to develop Mortgagebots and other mortgage solutions are highly in demand. In United States almost all financial corporates and banks are fully digitalized for all transactions and mortgages are handled fully by mortgage software. Online borrowers are always benefited from these type of mortgage software. Loan origination system of mortgage started back from 1950 but are still the best, number one and most used loan system in the world. Mortgage loan has its popularity because of the low percentage of interest it has always maintained from the begin. The percentage or loan interest was below 5% and in 2012 it fell below 4%. Now at percent MORTAGE RATE FALLS to record minimum or lowest percentage interest of of 3.79%. This will certainly boost up the entire mortgage system including the home sales. The homes sales in USA will be boost up and can reach its record numbers.