COMPARISON
LOS vs LMS
This comparison explains architectural roles and responsibilities; it does not imply every organization must separate systems this way.
| Dimension | Loan Origination System (LOS) | Loan Management System (LMS) |
|---|---|---|
| Primary stage | Application → assessment → approval | Active loan servicing → closure |
| Typical ownership | Application, decision workflow, pre-approval data | Account, schedule, interest, fees, payments |
| Key integration | Customer/KYC, bureau, scoring, document | Payments, core/GL, collections, collateral |
| Handoff | Approved loan / contract data | Servicing and accounting events |
Important: Final design depends on products, policy, existing systems, data ownership and operating model.