What information is required to mark a deal as Mortgage Booked or Audit Complete?

• Related Articles

• What information is required to mark as Submitted to Credit, Application Approved, Sent to Fulfillment or Mortgage Documents Sent to Notary?

  The following information is required to move a deal to the Submitted to Credit, Application Approved, Sent to Fulfillment or Mortgage Documents Sent to Notary stage: Application Purpose Occupancy Status Rate Type Rate Terms Mortgage Term End Date ...

• What happens when a deal moves to Mortgage Booked and the deal is funded (i.e., what becomes locked)?

  When a deal is moved to the Mortgage Booked stage, the following sections become locked: Deal Details (General Deal Information, Down Payment, Mortgage Request, Subject Property, Mortgage Terms, and Insurance Referral) File stage (you cannot change ...

• What happens if the deal is in the stage mortgage booked and I need to do my audit?

  Please send an email to veritas@orbismortgage.ca with the application number. Head Office will update the stage so you can regain access to the file and complete your audit.

• What information is required to mark a deal as lost or refused?

  To move a deal to the Lost stage, there must be an Application Purpose and at least one Client associated with the deal.

• What is required before a deal can be sent to Compliance?

  The following information is required to submit a deal to Compliance: Application Purpose Occupancy Status Rate Type Rate Terms Mortgage Term End Date Subject Property Address including City, Province and Country at minimum At least one Client ...