
Mortgages
The deal boards and the deal record.
42 Articles in 4 sections
Boards
15How Boards, Stages, and Status Fit Together
Learn the difference between the board a deal sits on, the stage it has reached, and its lifecycle status.
Review Your Seeded Boards
Understand the five boards BrokerPlus creates for you, add another from a template, and delete one you do not use.
Customize A Board's Stages
Add, rename, reorder, colour, and describe the stages a deal moves through, and choose which one new deals land in.
Make a Stage Read-Only
Lock every deal that lands in a stage so the file stops changing, and unlock one when it needs an edit.
Set Requirements on a Stage
Require fields to be filled before a deal can enter a stage, and understand what a broker sees when a move is refused.
Set Rules Per Deal Type
Apply a stage requirement to only some deal types, and see how a deal's type decides which board it lands on.
Let BrokerPlus Suggest Stage Moves
Decide whether BrokerPlus may ask you to move a deal, and which stages your assistant may move a deal into or out of on its own.
Work Deals on the Board
Move deals between stages and boards, switch between the board and list views, and open a deal without leaving the page.
Select and Update Several Deals at Once
Pick a set of deals on the board and move, duplicate, mark dead, or archive them in one action.
Find a Deal With Search and Filters
Search every board at once, narrow a board by stage, type, owner, status, amount, closing date or year, documents, or source, and sort what is left.
Tag Deals
Create your own deal tags, apply them from the deal or the board, and filter a board by tag.
Save a Deal View
Save a board, filter, and sort combination under a name so you can return to it in one click.
Work Deals in the Advanced Grid
Open your whole book as a spreadsheet grouped by closing month, tick the workflow checkpoints, and edit the mortgage and commission figures in place.
Set How Deals Are Named
Choose which parts of a deal make up its name across every board, and rename a single deal by hand.
Archive and Restore a Deal
Take a deal off your pipeline without deleting its record, find it later under Archived, and put it back.
The Deal Record
14Create a Deal
Open a new deal record, attach the client, and set the type, board, and stage it starts in.
Tour the Deal Record
Learn what each section of a deal holds, what the header and the pinned figures tell you, and where the key details, notes, and suggestions sit.
Manage the People on a Deal
Add co-applicants, cosigners, and guarantors, assign the agent and underwriter, and put the realtor, lawyer, and other partners on the file.
Fill In the Application
Complete the application section by section, see which answers came from the client, and check the file before it goes out.
Work With Application Scenarios
Fork the application into a second scenario, name each one, and choose which scenario the lender receives.
Pull a Credit Report
Record the client's consent, pull the bureau report for each borrower, and read the score, the report, and your own credit note.
Manage Documents on a Deal
Upload, verify, preview, download, and remove the documents on a file, and ask the client for a better copy when one is wrong.
Combine Pages Into a New Document
Pull pages out of several documents into one new file, and move a page from one document into another.
Read the Analysis Tab
Read what the client's documents say about income, debts, down payment, and the property, and check the file against a lender's profile.
Write Notes on a Deal
Keep notes on a file, give them a type, pin the ones that matter, and mention a teammate.
Read the Deal Activity Timeline
See everything that has happened on a file, filter it by kind, and open a message or a note in place.
Build the Mortgage Process Checklist
Set the steps every file walks through, tick them off on a deal, and put them in the order your brokerage works.
Use the Deal Calculator
Work payment, sale, and debt consolidation numbers on a deal, then apply them to the file or save them as a scenario.
Record Commission on a Deal
Record the finder's fee, bonus, insurance, and other income on a file, mark each line expected, invoiced, or received, and note a buydown.
Submission
9Connect Velocity or Finmo for Lender Transmit
Connect the system your brokerage submits through so BrokerPlus can send a deal to a lender, and understand what each connection mirrors.
Keep a Deal in Sync With Velocity or Finmo
Push a deal into the system you submit from, see what it is mirroring, and settle a field the two systems disagree on.
Set Your Submission Standards
Give BrokerPlus example underwriter notes and standing instructions to write from, test the note it writes, choose how package documents are named, and decide whether documents verify themselves.
Choose Lenders for a Submission
Pick the lender and product a deal goes to, using the fit ranking against the file's ratios and insurability.
Curate the Lender Package
Choose which documents go to the lender, rename and reorder them, and build the package before it is sent.
Write the Underwriter Note
Let BrokerPlus draft the cover note for a lender from the file and your playbook, then edit it before it goes out.
Clear the Readiness Checks
Understand the three checks a submission has to pass, what each blocker is asking for, and which items only advise.
Send a Submission
Validate the application, send it and its documents to the lender, and resend the documents after a change.
Track a Lender's Response
Follow a submission from sent to decision, check for a Velocity decision, and record what a lender said by email.
After the Lender Answers
4Track Conditions on a Deal
Record what the lender still needs, read conditions straight off the commitment letter, assign and satisfy them, and ask the client for what is missing.
Manage Lender Documents After Approval
Add the commitment letter and funding forms to a deal, let BrokerPlus fill the fields it already knows, and send the rest out for signature.
Work With Offers
Record the lender offers on the table, compare payments, premium, penalty, and closing costs side by side, and model what-if scenarios.
Mark a Deal Funded, Closed, or Dead
End a deal with the right outcome, clear the compliance gate that funding runs, and reopen a dead deal if it comes back.
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