Loanapp is an online tool that enables complete, appropriate and approval ready loan applications to be lodged by brokers to lenders.

In order for the lenders to receive a completed application, that application must undergo a series of steps and checks.

This article outlines what those steps are and how to complete them successfully.

Ensure that your application is fully completed.

Click the File tab to the far right.

Select Submit.

The submit process does a quick validation check of the application. If anything is outstanding, you will be able to click through from the validation check to the right section of the application to complete anything that needs amending. 

If there is anything that has not been completed correctly in your application, the validation process will identify it and ask you to complete the missing requirement (you can click on any missing items to be taken back to the right place in the application): 

Once the validation data requirements have been completed you will be able to submit. Loanapp will do a final check of serviceability.

The following screen will then appear allowing you to Submit the Application:

 The final screen is where you need to confirm you are ready to submit; then submit the application to the lender.

You will now receive your LRN (Lender reference number)) and be able to submit your supporting docs.

When you have finished the submit process, you will be presented with two options.

. If you choose option 1, you will go straight to the supporting documents engine:

If you choose option 2, you will go back into your submitted app. Your Lender Reference Number will be on the right side of the yellow bar; and you can click on the Red button to finalise and submit your supporting documents to the lender.

Congratulations, you have successfully submitted a loan using Loanapp!