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SOURCE Ideas
1 VOTE
Status Already exists
Created by Guest
Created on Feb 24, 2020

regulated and non regulated bridging

Carole Canning from Rapid Bridging  would like to be able to source regulated and non regulated bridging separately.

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    Jorge Monte
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    Feb 25, 2020

    SOURCE already has the functionality to source for regulated Bridging Loan.

    When you select Bridinging from the Loan Requirements, another section titled Bridging Loan Details will appear, which has the field 'Will property be occupied by client or family member'? By ticking this as 'YES' will indicate to the sourcing that it is a Regulated Loan and return applicable regulated products.

  • Guest
    Reply
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    Feb 24, 2020

    I have spoken to Andrew at Rapid Bridging and they suggested for a filter to be added to select Regulated or not regulated lenders. Currently we have some lenders that already provide us with different product to differentiate this, however it does not reflect anywhere in source.