Broker Tools - Loan Recommendation
Loan Recommendation Reasoning
Brokers need to ask; how reasonable you were in arriving at the loan product you recommended for the client and how have you recorded it. This information should be recorded in the Advice Comments section in the Broker Tools Compliance Section.
SOCA - These two fields are part of the SOCA MailMerge document
The Loan Recommendation Document
This document can be created within VowNet. It should be sent to client prior to submitting the loan and is a separate document to the Credit Quote & Proposal. It includes the following section:
GREEN TICK - you will need to create or download a Loan Recommendation or Loan Scenario document into VowNet in order to obtain a Green Tick.
HINT - Remember to add the SALES DOCUMENT Label to these documents