How is loan origination best described?

Loan origination refers to the process by which a lender initiates, processes, and finalizes a loan. It is essentially the series of steps that occur from the moment a borrower applies for a loan until it is approved and funded. This includes gathering necessary information from the borrower, assessing the loan application, and determining the terms of the loan.

In this context, describing loan origination as a process undertaken by the lender to get new loans reflects the comprehensive nature of this task. It encompasses not only receiving applications but also engaging in underwriting, evaluating borrowers, and finalizing the necessary documentation. Each of these actions is integral to creating new loans and expanding the lender's portfolio.

The other options, while related to aspects of loan processing, do not encapsulate the full scope of loan origination. Evaluating loan applications and analyzing borrower creditworthiness are components of the overall process but do not define loan origination wholly. Likewise, transferring property ownership is distinct from the loan origination process, which focuses primarily on the lending aspect rather than the real estate transaction itself.