C.18 Compliance - Refinancing Report
Broker Tools - Refinance Analysis If you are refinancing a loan you must provide the client with a Refinancing Report. There are a...
C.19 Compliance - Reverse Mortage
Reverse Mortgage The ASIC Reverse mortgage calculator must be provided to a client prior to completing a Reverse Mortgage Application....
C.20 Compliance - Topup & Variations
Top-ups Applications Some clients may make it clear that they do not want to compare other options because they are happy with their...
C.21 Compliance - Advice Comments
Broker Tools - Advice Comments It is the role as a responsible lending broker is understand what your clients wants and needs and then...
C.22 Compliance - Forseeable Changes
Broker Tools - Foreseeable Changes It is the role as a responsible lending broker to understand the clients current and future cashflow....
C.23 Compliance - Verification
Broker Tools - Verifications How, Where and When did you interview the client. You need to be able to find out this information quickly...
C.24 Compliance - Conflict of Interest
Broker Tools - Conflict of Interest Credit licensees must ensure their customers are not disadvantaged by any conflicts of interest. The...
C25. Compliance - Creating Documents
All Compliance Document can be created with VowNet. 1. Go to Create Documents (either in Deal View or Broker Tools View) 2. Select the...
C.26 Compliance - Preliminary Assessment
Preliminary Assessment The Preliminary or Written Assessment must be created within 90 days of the credit being completed. However...
C.27 Compliance - Statement of Credit Assistance (SOCA)
Statement of Credit Assistance (SOCA) The Statement of Credit Assistance has replaced the need for 5 documents 1. Credit Proposal 2....