Re-Issuing a Game Plan


Where an application has not been submitted to the lender: 

An updated Game Plan is required to be generated and issued to the clients for re-execution if:

  • The original Game Plan was based on one applicant and now the client wants to proceed with two applicants or vice versa. NB: assessment and verification required to be completed 
  • There’s a requirement for a guarantor to be included or removed in the loan application. NB: assessment and verification required to be completed
  •  The previously executed Game Plan is over 90 days old irrespective of whether the information is still the same. NB: assessment and verification only required if the client's financial position has changed
  • The loan amount is higher than the original loan amount on the Game Plan. NB: assessment only required to confirm clients can service the higher loan amount 
  • The customer’s requirements and objectives have changed. NB: assessment only required to confirm whether there needs to be a change in lender and product
  • There is a change in lender, product selected and or repayment type (i.e. principle and interest, interest only). NB: assessment only required to confirm whether there needs to be a change in lender and product
  • The client’s personal and financial position differs to the original Game Plan. NB: assessment and verification required to be completed
  • Where there is a change in LVR that will require LMI. NB: assessment required to be completed

An amended Game Plan does not need to be reissued in the following scenarios: 

  • Where the loan amount is lower than the original loan amount on the Game Plan and all other information in the Game Plan remains the same
  • When the original Game Plan was issued for a pre-approval and the clients have since found a property and want to proceed to formal unconditional approval (subject to the original Game Plan being within 90 days and everything else remaining the same)

Where an application has been submitted to the lender:

  • Any changes to the application that have been made or requested by the lender. 
    • You must record a file note of the changes requested by the lender
    • You must inform the clients in writing of the changes and any potential impacts to them and obtain their understanding and acknowledgment of the changes. This evidence must be uploaded into MyCRM.
    • No Game Plan is required to re issued
  • Any changes to the application have been made or requested by the client/s
    • An amended Game Plan is required to be generated and issued to the clients for re-execution. NB: assessment and/or verification required to be completed


If you have any questions, please contact compliance@loanmarket.com.au