Deals
By Marnie and 1 other2 authors37 articles
- How to merge applicationsadd borrower from existing deal, merge
- How borrowers can hide information on the application from other borrowersborrowers information separate, hide borrowers
- How to change the status of a deal and their definitionsstatus change, cancel, funded, approved
- How to Create Draft Submissions & Scenariosmortgage scenarios, compare
- How to manually send consent for e-signingapplication by phone, compliance, consent
- How does Finmo obtain individual signed consent for credit checks?credit consent, bureau, credit pull,
- How to do rental income adjustments/offsets for subject and non subject propertiesrental, income, adjustment, rental offset
- How to do mortgage scenarios in Finmoscenarios, mortage details, gds/tds
- Pre-approvalspre-approvals, video,
- GDS/TDS Faq'sGDS/TDS calculations and settings, occupancy issue in Filogix, editing rates, amortization period, LTV, rental offsets
- Find products for deals on Finmo using Lender SpotlightHow to find products on Spotlight, switch between Finmo and Spotlight
- How to speed up your workday by using the DashboardSimply perform the actions on the dashboard, and be finished your workday in under 20 minutes
- How to start a deal and collect an applicationdeals, personal link, team link,
- How to invite an existing borrower to a deal
- Copying a Deal - bring information from a previous client's application into a new one.Instead of having to re-enter an existing borrower's details into a new deal, you can copy over from their existing deal
- How to invite multiple borrowers to a dealMost deals have more than one applicant so Finmo allows mortgage professionals to invite multiple borrowers to a deal.
- How to edit a borrower's applicationHow to add details on a borrower's application, manage relationships, add a second borrower, invite borrowers, and request/upload documents.
- How to grant and revoke application access to a borrower (application locking)Application locking and unlocking
- How to send a borrower deal or document updates via SMS/text messaging or emailSending SMS (text) messages to your borrowers can dramatically increase conversions.
- How to delete a borrower from an applicationdelete borrower, remove,
- How to change the Primary (main) borrowerSwitch a primary or main borrower to a co-borrower on an application
- How to re-invite a borrower to a dealIf a borrower's invite can't be found (and isn't in their junk mail), you can re-invite them to a deal. Invitations expire after seven days.
- How to hide or unhide a borrower from a dealhide borrower, unhide borrower
- How to add or remove a team member from a dealAdding or removing members, no assigned borrower, notifying team of a new deal, adding an agent on the deal
- A how-to guide on Deal OverviewStay up to date with all the developments on your deal.
- How to add subject property to an applicationFinmo allows you to add details on the subject property for deals which will be pushed through to Expert or send to a Lender in Finmo.
- How to automatically assign a team member to new deals and turn on deal notificationsAutomatically assign new deals to a specific team member or multiple team members and turn on email notifications going to your team email
- How to create, edit or delete internal notes within a deal
- How to search for dealsFinmo has powerful deal searching and filtering options.
- How to archive old or stale deals and how to unarchive deals.unarchiving, archiving, filter
- How to sort and filter deals in the deal view and change column visibilitytable view, list view, sort, filter
- How to print an applicationAt the top of an application, click the button that says "Download or print for compliance".
- Is Finmo available in French?french application, french document requests
- GDS/TDS colour codes: definitions and ranges
- How the CMHC 30-year amortization premium surcharge (0.20%) is applied in Finmo
- How to use Finmo AI - down payment verification
- AI income verification