Admin Loan Processor

The foundations for someone stepping into a brokerage support role. By the end they can prepare and move a file without constant hand-holding.

Format

• ✓ 5 live sessions of two hours each, on Zoom, camera on
• ✓ Small groups, so there is room for real questions on real files
• ✓ 10 CPD points for brokers, recognised by MFAA and FBAA
• ✓ Free re-sits for six months on any session you want to revisit

What is covered

5 two-hour modules from our module library, run in this order. The sequence can be tailored for a private team cohort.

1. Compliance COMP01

   The compliance a mortgage file needs: the documents, the Credit Guide and Privacy Statement, and a clean Preliminary Assessment.

   What you will be able to do in Compliance

   • Understand the legal requirements of a compliant file
   • Obtain the documents compliance requires
   • Explain the Credit Guide and Privacy Statement to a client
   • Prepare and submit a Preliminary Assessment and Credit Proposal
2. Mortgage Pricing PRIC01

   Know what drives the rate a lender offers, and how to request, compare and explain pricing so the loan is structured properly.

   What you will be able to do in Mortgage Pricing

   • Explain the factors that drive the rate a lender offers
   • Identify how LVR, loan structure and loan type change pricing
   • Know when and how to request a pricing adjustment from a lender
   • Compare pricing options across lenders for a client's scenario
   • Work out what a rate difference does to repayments, and explain it clearly
3. Credit Report Analysis CRA01

   Read a credit report properly, and catch the history problems that sink an application before it reaches the lender.

   What you will be able to do in Credit Report Analysis

   • Read a credit report and explain what each section means
   • Spot the credit-history issues that affect a loan application
   • Cross-reference a client's stated position against their file
   • Flag credit surprises early, before they cost you a decline
4. Valuation Report Analysis VAL01

   Interpret a valuation report, read risk ratings and essential repairs, and apply the figure to the loan amount.

   What you will be able to do in Valuation Report Analysis

   • Explain why lenders require valuations
   • Choose the right valuation type for the situation
   • Interpret risk ratings, essential repairs and suitability
   • Apply a valuation to the final loan amount
5. Supporting Documents Mastery SDM01

   Collect, organise and review supporting documents so a file reaches the lender complete and submission-ready.

   What you will be able to do in Supporting Documents Mastery

   • Recognise the supporting documents a file needs
   • Collect each document in the right format from the client
   • Spot the nuances and errors that trigger rework
   • Assemble a submission-ready document set