‎Dealer Buddy

This app is particularly designed for Mortgage Brokers in Australia. That is basically a situation software that may ship a number of lender coverage in just a few seconds. The app is not going to operate till you have got offered a present ACL or ACR quantity and your Aggregator particulars.

What data shall be obtainable within the app?

• Normal Coverage
• Most LVR
• Household Fairness/Guarantor lending
• Serviceability
• Acceptable Revenue
• Low Doc Coverage
• Acceptable Safety
• Building
• Bridging Loans

The app will considerably cut back the period of time a dealer spends ready on situation traces and BDMs to make clear one thing so simple as the max LVR for Curiosity Solely Funding Loans or how outdated do kids should be to have the ability to use 100% of Household Tax Profit revenue in servicing or how a lot of bonus revenue can be utilized and the way a lot proof is required to make use of it. These examples are pretty widespread and this app can address greater than 100 separate insurance policies.

Are all lenders within the app?

No. Whereas we’ve got an intensive panel of coverage in the meanwhile we don’t have entry to all lenders and subsequently we haven’t included them at this stage. We do nonetheless have the coverage for 18 lenders together with the massive 4, their subsidiaries, smaller constructing societies and credit score unions. If the app will get the traction we count on then lenders shall be added over time.

Previous to any outcomes being delivered the person wants to just accept the next:
“Dealer Buddy has compiled a listing of seemingly lenders who would think about this situation. We now have not collected any data in your consumer, nor have we validated any of the knowledge that may should be submitted with the appliance to the lender. The shortlist is a suggestion solely and we propose that you just verify the situation with the lender previous to submission. You settle for {that a} profitable software is predicated on a variety of standards and that whereas the appliance could meet the coverage metrics this doesn’t at all times end in approval.”

By downloading this and registering you’ll obtain 14 days of full entry. As soon as your 14 days are up, you will want to buy a Subscription to proceed utilizing Dealer Buddy, and this can unlock all Insurance policies and Lenders.