The main difference is: Loan origination, in simple terms, is when a borrower applies for a loan, and a lender approves it and disburses the loan amount to the borrower. Whereas underwriting is where the lender validates the borrower's creditworthiness against the credit policies and decides whether to approve or reject lending to the borrower. With the help of CloudBankin, lenders can manage their portfolio in a paperless way.