Mortgage Quest has a sales stage field in both the borrower and contact databases which can be used to define your sales process. As your prospects move through this process, this field contains the current sales stage.
The sales stage field can be used in queries to find people at a certain stage. This field can also be used for defining campaign and activity manager events. For example, you could add a prospect to a campaign when the sales stage is set to Conducted Interview.
The list of sales stage items can be modified by using the Tools \ Modify Lists menu. Add and remove items as necessary to define your sales process.