All MISMO members can access the interactive MISMO Life of Loan. A Quick Reference Guide for navigating the interactive MISMO Life of Loan can be found here.

MISMO Life of Loan is a directory of MISMO published and in-flight products organized as a typical mortgage life cycle It enables business professionals and others to access information about MISMO products within the context of the business process. 

All processes and activities in the Life of Loan also have a short definition captured in MISMO's Business Glossary

MISMO Life of Loan Version 2021.12 uses Business Process Model and Notation (BPMN), which is a standard way of documenting business processes.

  • The overview describes how to navigate MISMO Life of Loan, including an introduction to BPMN shapes
  • Each narrative provides a brief description of what happens during the process and directs the reader to related MISMO products and workgroup(s).
  • The Workgroup Cross Reference assists the reader in finding MISMO Life of Loan content for the MISMO workgroup(s) in which they participate. 

Changes contained in this version support new and upcoming MISMO products including:

  • Request Tax Transcript 4506-C dataset (replaces the 4506-T)
  • Dataset to support the VA26-1880 Request VA Certificate of Eligibility (COE) form
  • MI Rate Quote API
  • MI Activation API
  • eModification Reference Guide
  • Fee Collaboration Matrix
  • Lending Limit API
  • Publication of the Ginnie Mae Pool Delivery Dataset (PDD) as a MISMO-Based Product

The release and use of MISMO standards and other resources, including the MISMO Life of Loan Version 2021.12 are governed by the MISMO Intellectual Property Rights (IPR) Policy.

For more information on the policy, please click here.

Access Information for Members

MISMO Members can access the MISMO Life of Loan Business Process Model and the Overview documents within the Resource Library housed on MISMO's Collaboration Site, "MISMO Connect" here.  

Access Information for Non-Members

Non-MISMO members can access the MISMO Life of Loan Business Process Model and the Overview documents here.


MISMO Disclaimer

Release Notes for the Life of Loan Business Process Model 2021.12 can be found HERE.