Loan Origination System Request Form

Streamline Your Lending Operations with a Custom Loan Origination System

In today's competitive financial services landscape, having the right technology infrastructure can make or break your lending operations. Whether you're a community bank, credit union, fintech startup, or alternative lender, implementing a robust loan origination system (LOS) is critical for processing applications efficiently, making consistent credit decisions, and maintaining regulatory compliance.

This Loan Origination System Request Form helps your IT team gather comprehensive requirements from internal stakeholders who need new lending technology. By capturing detailed specifications upfront—from application processing workflows to credit decision rules, document generation needs, and compliance requirements—you can ensure your technology investments align with actual business needs and regulatory obligations.

Why Digital Forms Matter for IT Requests

Traditional IT request processes often involve endless email chains, incomplete specifications, and misaligned expectations between business units and technology teams. By standardizing your LOS request process with Paperform, you create a single source of truth that captures all critical requirements in a structured, repeatable format.

This template guides requesters through every consideration—from the types of loan products they need to support, to integration requirements with existing core banking systems, credit bureaus, and compliance platforms. The result? Fewer revision cycles, better vendor selection, and faster time-to-implementation.

Perfect for Financial Services IT Teams

This form is specifically designed for:

• IT Managers and Directors evaluating loan origination platforms for their institutions
• Lending Operations Teams who need to articulate their workflow and automation requirements
• Compliance Officers ensuring new systems meet regulatory standards
• Credit Unions and Community Banks modernizing their lending technology stack
• Fintech Companies scaling their loan processing capabilities
• Mortgage Lenders requiring specialized origination and documentation features

Key Features Built Into This Template

The form walks requesters through essential LOS considerations including:

• Application Processing Requirements: What types of loans will be processed, expected volume, and required data fields
• Credit Decision Engine Specifications: Automated underwriting rules, scorecard requirements, and manual review workflows
• Document Generation Needs: Which loan documents must be automatically generated, customized, and delivered
• Integration Points: Existing systems that must connect with the new LOS (core banking, CRM, credit bureaus, document management)
• Compliance and Regulatory Requirements: Specific regulations that apply to your lending programs (TILA, RESPA, ECOA, FCRA, state lending laws)
• User Access and Permissions: Who needs access and what role-based controls are required
• Reporting and Analytics: What metrics and dashboards are essential for monitoring lending performance

Automate Your IT Procurement Workflow with Stepper

Once you've captured LOS requirements through Paperform, you can use Stepper to automate what happens next. Create a workflow that:

• Routes requests to the appropriate IT leadership for initial review
• Triggers vendor evaluation processes based on specified requirements
• Sends compiled requirements to shortlisted LOS providers for proposals
• Manages approval workflows through IT, Compliance, and Executive stakeholders
• Creates project tickets in your work management system once a vendor is selected
• Sends status updates to requesters at key milestones

This automation ensures IT requests don't fall through the cracks and that stakeholders stay informed throughout the evaluation and implementation process.

Built for Financial Services Compliance

Financial institutions operate in one of the most heavily regulated industries. This template includes specific fields for capturing compliance requirements—from fair lending obligations to data security standards—ensuring your new LOS meets regulatory expectations from day one.

Whether you need to comply with federal regulations like the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), or state-specific lending laws, this form helps you document those requirements clearly for vendors and implementation teams.

Seamless Integration with Your Tech Stack

Paperform integrates with the tools IT teams already rely on. Connect form submissions to:

• Project Management Platforms like Jira, Asana, or Monday.com to automatically create implementation projects
• CRM Systems like Salesforce or HubSpot to track vendor relationships
• Collaboration Tools like Slack or Microsoft Teams for instant notifications
• Documentation Systems like Confluence or Notion to maintain a requirements repository
• Spreadsheets like Google Sheets or Airtable for centralized request tracking

Get Started in Minutes

This template is ready to use immediately, but you can easily customize it to match your institution's specific needs, terminology, and approval workflows. Add your organization's branding, adjust questions based on your lending focus (consumer, commercial, mortgage), and configure conditional logic to show only relevant sections based on loan type.

With Paperform's intuitive doc-style editor, making changes is as simple as editing a document—no coding required. Your IT team can own the entire request process without waiting on developers.

Trusted by Financial Services IT Teams

Paperform is SOC 2 Type II compliant and offers enterprise-grade security features including SSO, role-based permissions, and data residency controls—giving you the confidence to collect sensitive business requirements securely.

Over 500,000 teams worldwide trust Paperform to handle their most important business processes. Join banks, credit unions, and fintech companies using Paperform to streamline IT requests, vendor evaluations, and system implementations.

Ready to modernize your lending technology? Start with this Loan Origination System Request Form and give your IT team the structured input they need to make smart technology investments.