Loan Packager & Credit

The full pathway for staff who need to package a deal to a credit-ready standard, including the harder policy and document scenarios. The most comprehensive track we run.

Format

• ✓ 12 live sessions of two hours each, on Zoom, camera on
• ✓ Small groups, so there is room for real questions on real files
• ✓ 24 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

12 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
6. Personal Liabilities PLA01

   Identify a client's personal liabilities, verify them with the right documents, and factor them into servicing.

   What you will be able to do in Personal Liabilities

   • Identify the types of personal liabilities
   • Know the documents that verify each liability
   • Verify a client's stated liabilities
   • Factor liabilities into a servicing calculation
7. PAYG Income Analysis PAYG01

   Read PAYG income documents and apply the correct income to servicing, in line with lender policy.

   What you will be able to do in PAYG Income Analysis

   • Define PAYG income and its components
   • Judge whether a given income can be used for servicing
   • Apply lender income-verification policy correctly
   • Put the correct income into a servicing calculation
8. Self-Employed Borrowers SEB01

   Assess self-employed borrowers with confidence: entity types, the income documents each needs, and how to read the returns.

   What you will be able to do in Self-Employed Borrowers

   • Identify the main self-employed entity types
   • Know which income documents each entity needs
   • Read self-employed tax returns and find the income
   • Assess a self-employed applicant's full situation
9. Construction Loans CONL01

   Handle a construction loan properly: the build contract, progress payments, drawdowns and the valuation.

   What you will be able to do in Construction Loans

   • Explain how a construction loan works
   • Read the fundamentals of a build contract
   • Interpret the valuation and the lender's view
   • Manage progress payments and drawdown funds
10. Missing Information Requests MIRS01

    Cut the missing information requests that slow a file: why MIRs happen, how to pre-empt them, and how to clear the ones that land.

    What you will be able to do in Missing Information Requests

    • Recognise the common types of missing information request
    • Prepare a file to pre-empt avoidable MIRs
    • Respond quickly to the MIRs that do land
11. Living Expenses LIVEXP01

    Calculate living and investment property expenses accurately, and justify them under HEM without guesswork.

    What you will be able to do in Living Expenses

    • Work out what living expenses actually cover
    • Explain what HEM captures and what it leaves out
    • Calculate living and investment property expenses accurately
    • Justify a client's living expenses to a lender
12. Servicing SERV01

    Complete servicing in Quickli and lender calculators, and work the adjustments when a deal will not service.

    What you will be able to do in Servicing

    • Complete servicing in Quickli and lender calculators
    • Read where a servicing shortfall is coming from
    • Work the adjustments when a deal will not service
    • Account for lender policy and assessment-rate variations