C.09 Compliance - Objectives
Fact Find - Objectives (ie Loan Purpose) Premium Brokers compliance requires Brokers to make reasonable enquiries into a clients wants...
C.09a Compliance - Preapproval to Formal
Fact Find - POST APPROVAL CHANGES + Pre-Approval to Formal + Reduced Loan Amount by Credit + Low Valuation and reduced Loan Amount +...
C.10 Compliance - Exit Plan
Fact Find - Exit Plan Most Lenders required a clear exit plan especially for applicants over 50 years old. As a responsible lenders...
C.11 Compliance - Borrowing Capacity
Broker Tools - Borrowing Capacity As a holder of an ACL licence, Premium Broker has to maintain its own capacity to service calculator....
C.12 Compliance - Funding Worksheet
Broker Tools - Funding Worksheet It is recommended that you fill out VowNet from start to end. If you do the Funding Worksheet should...
C.13 Compliance - Security
Broker Tools - Security ADD EXISTING SECURITY or ADD NEW SECURITY . NOTE if the security is already listed it may have been done before...
C.14 Compliance - Commission
Broker Tools - Commission Commission Disclosure Premium Broker policy is to be 100% transparent with any commission we receive and to...
C.15 Compliance - Referrals
Referral If you receive referrals from a regular source you need to make sure they are aware they are not licenced to give mortgage...
C.16 Compliance - Loan Recommendation
Broker Tools - Loan Recommendation Loan Recommendation Reasoning Brokers need to ask; how reasonable you were in arriving at the loan...
C.17 Compliance - Loan Scenario
Broker Tools - Loan Scenario The Loan Scenario Document This document can be created within VowNet. It is similar to the Loan...