Edition #19

Mick O’Shea commits his transformation

Cudos to Mick O’Shea from Queensland who’s made some big commitments to transform his business by end July 2018. Check out his video commitment.

Submit your video telling us how you are going to transformation before next year. We’ll keep you accountable and at Connect Conference 2018, we’ll celebrate our Top Transformers. Get involved www.loanmarket.com.au/transform

Pepper Money Personal Loans joins the Loan Market panel

Whether it’s a holiday, wedding, renovation or debt consolidation, Pepper Money’s personal loan product has your customer covered.

With an easy online application, flexible repayment options and a competitive interest rate, Pepper Money has all the right tools to help your customer succeed.

Pepper Money know that customers simply don’t like fees, so the Pepper Money Personal Loan has a $0 establishment fee and $0 monthly fees. With loan sizes ranging from $5,000 - $50,000, loan terms from 1 - 7 years, and rates starting from 9.99% p.a. (comparison rate*), what’s not to like?

How can you start writing Pepper Money Personal loans? It’s easy.

Email jdale@pepper.com.au with your full name, address, contact details and aggregator, and Justin will be in touch with the details.

Latitude Motor joins the Loan Market panel

Get your customers into gear with a Latitude Motor Loan. With competitive loan solutions, fast settlement times and transparent commission structures…Latitude Motor say ‘yes’ to brokers more often.

Key Features:

  • Rates starting from 5.99%
  • Loan Terms – 1 to 7 years
  • 150% LTV and 20 year EOT 3
  • Fast decision time – up to 2 business hours
  • Dedicated underwriting team
  • Motor, Marine, Motorcycles and much more

*Approved customers only. Terms, conditions, fees and charges apply.

Seeking accreditation or further information please visit www.latitudefinancial.com.au/brokers, contact your Latitude Relationship Manager or call the Broker Program Manager Kallan Carthew on 0481 903 746.

Spring Campaign

With Spring being one of the busiest times to enter the property market, we have created a campaign around pre-approval to remind your customers on the importance of getting ahead of the competition.

To see this new campaign, click on the link below which will take you to where it lives on Print UI

Supporting documents - Electronic Correspondence

When uploading documents for a loan, ensure you’re including all notes and correspondence.

Other Supporting Documents from application’ includes all emails and correspondence with the client and lenders to whom applications have been made.

All other documents at a minimum should include:

Document to be Uploaded Details
Credit Guide Credit Guide
Client Preliminary Assessment

CPA (including Requirements & Objectives

Protecting Lifestyle and Assets (Insurance)

Living Expenses

Credit Quote & Proposal Q & P
Loan Application Pack

Lender Serviceability Calculator

Lender Pack

Loan Application

Other Supporting Documents

Broker Notes

Income Verification Payslips

Certified ID’s

Other Supporting Documents from Application

For further information, please contact compliance@loanmarket.com.au.

Get involved with Wealth Market!

Link has started! There’s never been a better time to refer leads to Wealth Market. Every referral gains an entry into the Link Weekly Lucky Prize Draw to win a $100 gift voucher. Link runs from 2 October to 31 October, if you haven’t got your referral agreement in place please contact Andrew Ash. Don’t forget to send your leads through Connect!

To help make referring leads to Wealth Market easy see our new “How To” Scripting documents.

Settle a Loan Market Go home loan easier

Advantage has partnered with MSA National to introduce digital document delivery and signing for all eligible applications* - making it easier and faster for you and your customers to settle a Loan Market Go home loan.

Benefits include:

  1. Increased speed & efficiency with a 4-9 business day saving in the overall signing process.
  2. Improved visibility and accuracy with electronic broker notifications.
  3. Reduced signing errors with 99% of common errors eliminated!
  4. An enhanced customer experience.

For more information on digital document delivery and signing, plus other features of our new digital experience, visit the Digital Home Loan Hub and check out the short instructional video today! It’s important that you’re up to speed with our new digital document signing process so you’re ready to support your customers and help them enjoy the benefits of this enhanced settlement experience.