What is a loan pipeline in nCino?

A loan pipeline in nCino serves as a visual representation of the status of loan applications currently in process. This tool enables users to track the progression of various loans through different stages of the approval process, providing insights into which applications are moving forward and which may require attention.

By visualizing the pipeline, bank staff can easily identify bottlenecks, understand processing times, and manage workloads effectively. This real-time visibility is essential for facilitating communication among team members, as it allows for a comprehensive view of lending activities and client interactions. It is a critical component in efficiently managing loan workflows and ensuring that customers receive timely updates throughout the lending process.

The other choices do not accurately describe what a loan pipeline is. For instance, a record of all denied loan applications would focus solely on rejections rather than the entirety of the loan process. A document storage system for loan agreements pertains to contract management but does not provide the dynamic overview of loan statuses offered by the pipeline. A financial reporting tool for loan performance, on the other hand, relates to analytics and performance metrics, and does not align with the operational focus of tracking active loan applications.