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How long does it take to process a new application in LoanBeam?

The general Service Level expectation for LoanBeam document processing is 120 seconds per page.  Many clients see a faster processing for applications, at about 30-45 seconds per page on average.

  • It is important to note that the scanning quality of the documents and number of documents in an application can impact the processing time.
  • For more information on how to scan documents for LoanBeam / document delivery requirements, please reference articlehttps://helpdesk.loanlogics.com/staff/kb/articles/1044 

 

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