Application
Automated personal
loan originationPersonal loan origination
Mage connects your lending systems, builds reusable domain knowledge, and applies your credit and funding rules to automate personal loan origination
Loan evidence
Lending rules
Check intake
Check identity
Check finances
Underwrite
Prepare offer
Sign loan
Fund & book
Loan file
Accepted loan
From application to funded loan
Online intake
Identity check
Income evidence
Lender rules
Application
- File
- APP-1042
- Amount
- $8,000
- Term
- 36 months
Evidence matched
- Identity
- Verified
- Credit report
- CR-18
- Income evidence
- INC-24
Underwriting file
- Credit policy
- CR v4
- Evidence links
- Retained
Underwriting File Preparation
Give underwriters a complete file with identity, credit and income evidence so they can review it without chasing records.
Approved termsDEC-18 · $8,000 · 36 months
Loan agreement
AGR-1042 · v3
- Terms version
- Matched
- Disclosure copy
- Retained
Signature verifiedSIG-42
Loan Documentation
Keep signed agreements and disclosures together so you can verify the terms the borrower accepted.
Loan disbursement$8,000
- Release authorizedREL-1042
- Payout submittedPAY-1042
- Bank settlement matchedSET-42
Loan Disbursement
Match payouts to bank settlement so servicing can take over with proof the loan was funded.
Fund more loans with less manual work
+17 bps
net lift
Modeled increase in net contribution as a share of funded principal from better referrals, application recovery and underwriting.
Save 10 hours
per loan
Median projected staff time saved across personal loan origination, using mortgage volume as a proxy for personal loan volume.
Consistent
loan checks
Apply your lending rules to each file and show the source evidence behind every flagged exception.
How Mage fits
Connect your loan systems into one workflow
Mage connects your application records, verification sources and lender rules so your team can check files, route exceptions and track funding in one workflow.
Your systems
Application records
Application ID, amount and term
Verification results
Identity, credit and income evidence
Loan events
Signing, settlement and acceptance
The workflow between your tools
- 1Gather evidence
- 2Run loan checks
- 3Route and record
Your teams & tools
Underwriting files
Evidence linked to each application
Exception queue
Open issues with owners
Servicing handoffs
Booked loans and acceptance records
Your team owns credit decisions, exceptions and funding releases.
Turn your loan process into a working solution
We map your inputs and approval rules, connect your systems, and build the workflow that prepares loan files and records each handoff from funding to servicing.
Back to industry overviewCredit approvalDEC-18 · CR v4CR-18 · INC-24
Signed agreementAGR-1042 · v3SIG-42
Funded amount$8,000
Application → loanAPP-1042 → LN-1042
Bank settlement matched
PAY-1042SET-42
Learn
Learn your process
Map the evidence and rules Credit needs to review a file.
Design
Design the automation
Set the rules that route loan exceptions to their owners.
Automate
Launch the workflow
Test sample loans and track funded files into servicing.
See how your personal loan process could run automatically
Tell us where your loan data lives, what makes an application ready for underwriting, and how your team confirms funding. We’ll discuss how to automate the work.