BUSINESS METHOD FOR EFFICIENT AND DIRECT LOAN FINANCING

摘要

Disclosed herein are methods of loan financing within a computer-based membership club, comprising the steps of: a) establishing a loan financing membership club on a website on a computer-based network, wherein the membership club comprises at least one loan borrower, at least two lenders, and at least one loan evaluation/underwriting entity; b) accepting a loan application package from the borrower member on a website on a computer-based network; c) on the website, providing access to the loan application package to the loan evaluation entity, and receiving the loan application evaluation results from the loan evaluation entity; d) on the website, creating a loan application package, comprising the loan application package and the loan application evaluation results, and providing access to a completed fully underwritten the loan application package to the at least two lenders; e) on the website, accepting a lending bid from each of the lenders; f) on the website, providing access to the lending bids to the borrower; g) on the website, accepting the borrower's selection of the lending bid; and h) completing the loan funding and closing between the borrower and lender.

主权项

1. A method of loan financing within a computer-based membership club, comprising the steps of:
a) establishing a loan financing membership club on a website on a computer-based network, wherein the membership club comprises at least one loan borrower, at least two lenders, and at least one loan evaluation entity; b) accepting a loan application package from the borrower member on a website on a computer-based network; c) on the website, providing access to the loan application package to the loan evaluation entity, and receiving the loan application evaluation results from the loan evaluation entity; d) on the website, creating a completed loan package, comprising the loan application package and the loan application evaluation results, and providing access to the completed loan package to the at least two lenders; e) on the website, accepting a lending bid from each of the lenders; f) on the website, providing access to the lending bids to the borrower; g) on the website, accepting the borrower's selection of the lending bid; and h) on the website, completing and closing the loan.