A funding position collects key data about your client's loan needs. The position includes the amount to be borrowed, acceptable interest rates, affordable repayments, loan terms, and repayment frequency. Using a funding position lets you easily compare lender products with different deposits, loan terms, and servicing options.
Contents
Prerequisites
Know how to create a funding position.
Opening the funding position
Open the lead or deal in full view mode.
Locate the Funding tab in the sidebar.
Click the pencil icon. The Funding Positions panel displays three modes.
Selecting a mode
A funding position mode can change depending on the progress of the lead or deal.
Regular - Preparing new funding position options to present to your client.
Formal - Cross-referencing deal information on Unconditional.
Settlement - Cross-referencing deal information on Settlement.