Premium Broker Blog

June 5, 2018

Preliminary Assessment

The Preliminary or Written Assessment must be created within 90 days of the credit being completed. However Premium Broker require this document to be created prior to submitting the loan. If the loan is in VowNet it is as simple as creating the d...

June 4, 2018

Statement of Credit Assistance (SOCA)

The Statement of Credit Assistance has replaced the need for 5 documents

1. Credit Proposal

2. Credit Quote

3. Preliminary Assessment

4. Loan Recommendation (Sales Document)
5. Privacy Disclosure (needs to be signed first if a credit ch...

June 3, 2018

Broker's Notes

Broker's Notes are a Premium Broker template that has been designed to help brokers get the loan approved. It is NOT a compliance requirement to send this document to the lender however it is considered best practice.

Each broker has their own way of prese...

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the Mortgage & Finance Association of Australia.   Premium Broker Pty Limited ABN 40 105 746 692

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