Instructions – Compliance Doc Setup (new world)

Parabroking + Lodgement (Compliance Doc Setup)

Location of Client Files

CLPC Sharepoint

My Sharepoint (please provide link if we don't already have access)My Sharepoint (please provide link if we don't already have access)

Is There a Finance Clause / Deadline?

Yes

Finance Due Date

To ensure we can proceed with Compliance Doc setup, the below pre-requisites are required.

(Note: We may not be able to start this task if the below items are not provided)

Please tick which pre-requisites you have checked/completed

Quickli calculator up to date and correct

CRM fact find is up to date and accurate, reflecting clients current position & correct personal details (i.e. name, dependants)

All income, assets & liabilities have been verified and CRM is up to date

All supporting docs on file have been reviewed

Up to date pricing held for lender chosen

Valuation on file

Post code checks done and scenarios run past BDMs if required

Adequate notes are provided on clients objectives (e.g. interview notes) & any key areas to be noted re: clients situation are included on the Instruction form

Loan Structure

Lender

Product Name

If known

Construction Deal? (Tick applicable)

Land & Build Together

Land Only

Build Only

Base Loan Amount

Additional Funds Required

Total Loan Amount

New Bank Fees

DA Fees

Loan Structure Notes

Please provide detailed notes re: cross tied securities, increase information etc

Offset Accounts

Will the clients require an offset account?

Yes

Create a New Account / Link to Existing?

Create a New Account

Link to an Existing Account

Are Multiple Offsets Required?

Yes

Number of Offset Accounts Required

Loan Structure & Deal Critical Info

Is this an internal refi?

Yes

Are there any specific fees that need to be included in the clients compliance doc? (e.g. Credit Assistance fee)

Should the streamlined refi process be used?

Yes

Should the Fast Refi process be used?

Yes

Unique Policies / Exceptions to be Noted? (please provide details)

e.g. No LMI policy, professional accountant policy

If there's something else we need to know about the deal, please don't forget to tell us

Provide additional information that may be beneficial to this deal. i.e ATO debts to consider, unique income etc