Approval Check

Name of team member checking approval:

Client names:

Which Broker:
-Select which broker-broker is kirsty - kirsty@uploans.com.aubroker is carrie - ct@uploans.com.aubroker is keisha - keisha@uploans.com.aubroker is carly - carly@uploans.com.aubroker is sam - Samantha@uploans.com.au

Who is Handling Settlement:
-Select one-Handling settlement is Sally@uploans.com.auHandling settlement is CSM - Lucy@uploans.com.auHandling settlement is CSM - Keisha@uploans.com.auHandling settlement is CSM - Dave@uploans.com.auHandling settlement is CSM - Carly@uploans.com.auHandling settlement is CSM - samantha@uploans.com.auHandling settlement is CSM- Eliza@uploans.com.au

Eliza handles Keisha, Carly and Sam's purchases.
KD & CT purchases under 250k, all refinances and top-ups are handled by the CSM.
KD & CT purchases over $250k are handled by Sally.
KD & CT purchases with a linked refinance or equity release regardless of loan size handled by CSM.
Keisha and Carly: handle all of their own settlements.

Who is CSM?:
-Select One-Samantha - samantha@uploans.com.auLucy - lucy@uploans.com.auCarly - carly@uploans.com.auKeisha@uploans.com.auRose - rose@uploans.com.auEliza - eliza@uploans.com.au
Check funding calculator to see if there are multiple deals. If so, make sure we have approval on both deals:
-Select One-Single Approval onlyMultiple Deals all approvals are here

Check approval/s match most recent funding calculator.
If Approval doesn't match & is more than $500 variance mark your task as waiting on CSM for assistance - PAUSE HERE


LOAN 1.
Interest rate - If any difference to the funding calculator, pause here and mark task as waiting on broker
(Note: please check Dropbox client folder "send to lender" for any pricing request approvals, as this may be the reason and not necessarily rate increase- advise Broker/CSM at the time):
As per funding calculatorLower than than funding calculatorDifferent than funding calculator (put notes below i.e due to fixed loan split etc)NA

How was the interest rate confirmed?
Approval letter from the bankCalled and confirmed with the bank over the phone

Loan amount (If it is within $500 of the submitted amount, you are fine to proceed):

Fixed/Variable (If fixed, please also note if the client has confirmed a rate lock, and the expiry date of the rate lock):

Loan term :

all confirmed correctVariation less than $300 ok to go ahead

LOAN 2.

Interest rate - If any difference to the funding calculator, pause here and mark task as waiting on Broker
(Note: please check Dropbox client folder "send to lender" for any pricing request approvals, as this may be the reason and not necessarily rate increase- advise Broker/CSM at the time):
As per funding calculatorLower than than funding calculatorDifferent than funding calculator (put notes below i.e due to fixed loan split etc)NA

How was the interest rate confirmed?
Approval letter from the bankCalled and confirmed with the bank over the phone

Loan amount (If it is within $500 of the submitted amount, you are fine to proceed):

Fixed/Variable (If fixed, please also note if the client has confirmed a rate lock, and the expiry date of the rate lock):

Loan term:

all confirmed correctVariation less than $300 ok to go ahead

LOAN 3.

Interest rate - If any difference to the funding calculator, pause here and mark task as waiting on Broker
(Note: please check Dropbox client folder "send to lender" for any pricing request approvals, as this may be the reason and not necessarily rate increase- advise Broker/CSM at the time):
NAAs per funding calculatorLower than than funding calculatorDifferent than funding calculator (put notes below i.e due to fixed loan split etc)

How was the interest rate confirmed?
Approval letter from the bankCalled and confirmed with the bank over the phone

Loan amount (If it is within $500 of the submitted amount, you are fine to proceed):

Fixed/Variable (If fixed, please also note if the client has confirmed a rate lock, and the expiry date of the rate lock):

Loan term:

all confirmed correctVariation less than $300 ok to go ahead

LOAN 4.

Interest rate - If any difference to the funding calculator, pause here and mark task as waiting on Broker
(Note: please check Dropbox client folder "send to lender" for any pricing request approvals, as this may be the reason and not necessarily rate increase- advise Broker/CSM at the time):
NAAs per funding calculatorLower than than funding calculatorDifferent than funding calculator (put notes below i.e due to fixed loan split etc)

How was the interest rate confirmed?
Approval letter from the bankCalled and confirmed with the bank over the phone

Loan amount (If it is within $500 of the submitted amount, you are fine to proceed):

Fixed/Variable (If fixed, please also note if the client has confirmed a rate lock, and the expiry date of the rate lock):

Loan term:

all confirmed correctVariation less than $300 ok to go ahead

If application is an Equity Release for funds towards a pre-approval - pause here, check "cover sheet" in the "to keep" folder in client dropbox to check if it is an Equity Release or not. Check with the CSM if we are going ahead with the refi now or just treating as pre-approval:

N/A - this is not an Equity Release for an AIP.Yes, this is an Equity Release for an AIP - we are fine to go ahead with the equity release documents now.Yes, this is an Equity Release for an AIP - we are NOT going ahead with the refi now. Complete pre-approval check but leave in and make bold DO NOT SIGN ANY DOCUMENTS now portion of email.

Check for any settlement conditions:
ME BANK-call to check interest rate,loan amounts,special conditionsCBA - check decision email for settlement conditionsUBANK - call to confirm all details (rate, loan term, conditions)WESTPAC - check Brokerhub for conditions and confirm with BDM for any other conditionsALL OTHER LENDERS - check all pages of approval letter for any conditions

Copy any settlement conditions here:

If Sally is handling this approval - set up a filter in team@ for the application number in the subject to be archived and forwarded directly to settlement@uploans.com.au (DropBox. Filepath: Z. Procedures Forms Templates > Quick how tos > Filter team
Yes, I have done this and mail will go to SallyNo filter created, settlement being done internally

CHECK GAME PLAN FOR BELOW

What is Lead/Commission Split (search GP for commission split):
100% Broker80% broker 20% Carrie80% broker 20% Kirstyoffice lead80% broker 20% staff member


Refinance or ANZ First Home Buyer rebate? (search GP for rebate) **(Refi Rebate Currently only ME Bank over $700k)**
If so, add to Ella's Monday refi rebate list to chase 1 month after approval (If this is an ANZ rebate, next follow up date should be in 1 week), select lender and status as 'not yet settled':
Yes, Added task to Ella's Monday refi rebate list to chase 1 month after approval (If this is an ANZ rebate, next follow up should be in 1 weekNA - no refinance or FHB rebate


CONSTRUCTION

Construction loan? Check Game Plan Email to see if this is a construction loan. If it is, add to a task to Lexi's Monday list 'Start construction checklist for XXX':
DoneNA - no building involved

First home buyer Scheme? (check cover sheet if loan is over 80% and has no LMI payable and purchase price is less than $450,000 or $600,000 Hobart CBD then it is FHBG).
If yes and CBA move to the section 'Approved - Pending FHBG form approval' in Updates, and mark followup for next business day. Copy these words into update
Make sure to add the First Home Guarantee Scheme form as a settlement condition on this loan.
Yes - FHBG client, moved in updates and condition notedN/A, not a FHBG clientIf the client is with Commonwealth Bank, send #F email from the Templates section of the Updates board, and copy it into the comments in Updates.If not CBA - have confirmed with CSM FHBG has been unconditionally approved

If this is an Owner Occupied purchase (not land only) send #10 Connect now email template updates templates - schedule send for 2 days :
DoneNA - not an Owner Occupied purchase

CONSTRUCTION or VACANT LAND

Construction loan? Check Game Plan Email to see if this is a construction loan. If it is, add to a task to Lexi's Monday list 'Start construction checklist for XXX':
DoneNA - no building involved

If this is a vacant land approval check, add task to Lexi or Vel's list - Send Build Documents request from File Invite for client XXX, no follow up in File Invite, follow up in prep in 4 months:
DoneNA
Is there a linked build pre-approval? If yes, duplicate the line item in #Updates to separate the land and build. Then complete the details for each individual application and move to relevant spot in updates:
DoneNA


*** approval call script: https://www.uploans.com.au/approvalcall/ ***
In task board go to templates, duplicate "approval call script", change to client name and add to CSM list


Has client been informed:
We informed client via phone call, good to go and inform solicitorWe informed client via email, as we could not reach them via phone.Launceston based CSM to inform clients, task added to Monday - task board to callOther - see notes below:



Application type:
This is a purchase application, go ahead nowThis is a refinance application, go ahead nowThis is a purchase AND refi application, go ahead nowThis is a top-up application, go ahead nowThis is a internal refinance application, go ahead nowThis is a construction without refinance application, go ahead nowThis is a separation refinance application


Schedule send “WOOHOO” email from Brokers Inbox, template email is located in Monday Task Board Updates, schedule for 10:00PM that night.
Done


Copy above email in #Updates:
Done


Move file to section 5 Unconditional in dropbox:
Done


In Monday move task from #updates into "unconditionally Approved/Settlements board" section, add status "waiting on loan documents to issue" add in CSM who will follow up until Loan Docs are in, make next follow up 2 business day.
Done


IF THIS IS AN INTERNAL SETTLEMENT- in Monday copy the Internal Settlement checklist (from templates in settlements board) into the Monday task and complete ALL relevant steps, pin this to the top of the comment thread:
Done - I have completed the relevant steps of the checklistN/A - not an internal settlement


Put task on CSM's list "client name - loan docs"
Done


CONTRACT OF SALE (for purchase) attached:
DoneNAFile was too large to attach, have emailed directly to admin@uploans.com.au


DISCHARGE AUTHORITY (for refinance) attached:
YesNADischarge not completed yet, Person handling settlement please ask client to complete


FOR SEPARATION APPLICATIONS:
N/A - this is not a separationYes, this is a separation, see lawyer's details below:Yes, this is a separation but we do not know the lawyer's details, please request from client.



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Contract of Sale (If too large to upload, email only to settlement team and change checkbox option above)

Discharge Authority

Funding Calculator 1

Approval 1

Funding Calculator 2

Approval 2

Funding Calculator 3

Approval 3

Funding Calculator 4

Approval 4