The difficulty in getting Credit Consent or Service Agreements from Borrowers is a thing of the past with Finmo.  Digital consent is a requirement from each of your borrowers before they can submit their online application to you.  Once the consent box has been checked, we generate a PDF for you in your documents section for that deal. 

Digital consent is a requirement from each of your borrowers before they can submit their online application to you.  Once the consent box has been checked, we generate a PDF for you in your documents section for that deal. Digital signatures and a time and date stamp will be applied to this document once the client has agreed.

We have a template already written for you in Finmo, but we strongly suggest using the terminology from your own Client Consent or Service Agreement which you can customize to suit your compliance specifications. 

  1. Click Team Settings (gear icon on your home screen)
  2. Click the Deal Settings Tab at the top
  3. Scroll down to Consent PDF and click Yes to activate
  4. Use the templated version. If you have your own consent agreement highlight the text, delete and paste in your own text.
  5. Select a Countersigner for all agreements (only one per account)
  6. Enter your operating name
  7. Click Save Agreement

What the Borrower sees

At the end of the online Application, the Consent/Service Agreement will appear with a checkbox giving digital consent. A Borrower cannot submit an Application without checking this field.

How to view and download the consent from the borrower

When the consent has been checked and the Application submitted, you will receive an email.   

Now you can go to that deal and on the Overview or Application tab, you can download the Agreement with a digital signature any time you need it.

Anytime you need help click the chat icon on your screen or send us an email :)
support@finmo.ca

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