What is the meaning of Processor?

Processor is a liaison between the loan officer and the funder of a loan. The processor's responsibility is to meet all of the pre-funding conditions of a loan including, gathering all documentation and the clarification of information.

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APABarry Goldsmith. (2010). processor. Retrieved September 22, 2026, from http://smartdefine.org/processor/definitions/1161240
ChicagoBarry Goldsmith. 2010. "processor" http://smartdefine.org/processor/definitions/1161240 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, processor, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/processor/definitions/1161240>.
MLABarry Goldsmith. "processor" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/processor/definitions/1161240>
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