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Consolidating a Client's Current Debt
Consolidating a Client's Current Debt

Adding consolidated debt to a client's lending application

Chuck Slogrove avatar
Written by Chuck Slogrove
Updated over 3 years ago

When a client has a large amount of short-term debt, it can be easier for the client to consolidate this debt onto their mortgage. To do this on Trail:

1. Fill out the fact find with the clients current short-term debt situation

2. Under the Funding Details section of the application, ensure you select 'Topup' as an Application Type

3. Under the 'Topup' section, select 'Add New Topup'

4. Select 'To consolidate other debt' as the top up type, and if you wish, enter a value for the top up

5. Select the debts that are to be consolidated and add in the total amount of the top up (by clicking the < arrow to confirm the estimated amount)

From here, the rest of the application can be completed as normal.

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