This article will guide you through key considerations for creating your Credit Proposal and submitting a deal through BrokerEngine for the first time. This will cover known limitations as well as sections that may need refinement. Both features are in their initial release version and will continue to improve over time!
Contents:
Prerequisites:
Ensure that both the broker and the logged-in user are connected to Suite360 in their integration settings.
Lenders are in the below list (Lodgement Gateway must be AOL, Simpology or HeartLand).
No Company and Trust Applications yet. Please process these how you have been previously.
Known Bugs/Things That May Not Make Sense :)
Integration Settings:
Ensure that both the broker and the logged-in user are connected to Suite360 in their integration settings.
Address:
Street Numbers: Ensure addresses have street numbers. For example, "John Street" needs to be "1 John Street."
AIP Address: You’ll need to enter an address for an AIP (just like in FLEX). If none exists, use something like "1 TBA Street."
Product Options:
All product options need identical splits.
ABS Purpose:
Don’t forget to complete the ABS purpose for products under the "Confirm" button.
Changes After Submission:
If you change the lender or product after submitting to AOL, you will need to clone the deal.
What Lenders are Supported:
We support all lenders that submit via AOL, Simpology and Heartland.
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