As a Mortgage Manager with your own V2 Loanapp, you will want to x-channel submit to your Funders when you are ready for approval of the deal.
Where your Funder has Loanapp, but is still on Loanapp V1, you will need to use a download/upload capability to submit your deal into the Funder.
Funders that are still on Loanapp V1 are:
Orde
WellNigh
ThinkTank
MA Money
Brighten
This article gives you the steps to x-channel submit in this manner.
Download an Application XML from your Loanapp
In your Loanapp, finalise your review of the submission, updating the data and supporting documents to be ready to submit to your funder. When you are ready to submit this application to your Loanapp V1 Funder, go to the Application Dashboard and filter to your application:
Click on the 'three dots' on the far right of the record:
This will popup a number of click-throughs commands. Select "Export Lender Format":
You will get a notification that the XML download has been requested:
And then you will see the XML download successfully (in about 10 secs):
💾 Save the xml.
Download your supporting documents
If you have supporting documents in your Loanapp V2 application that you would like to transfer to your V1 Lender, go to supporting documents for this application:
And download all the supporting documents against this application:
You will get a notification popup when the download is completed (about 10 secs):
💾 Save your Supporting Documents zip file.
Log in to your Loanapp V1 lender
Go to the login page of your Funder. In this example, I am submitting my deal to Orde Financial, and login:
Upload your V2 application as a new record in V1
When Loanapp opens, instead of clicking "Create New", click on the "Data" button:
In the Data section, click "Import CAL":
A new popup will appear and you can 'setup' your application structure.
You will need to:
Import your XML (the application download from your V2 application)
Add an application Name for your submission to the Funder
Select the type of submission (selections will depend on the Funder)
Select the DocType (selections will depend on the Funder)
When you have uploaded your file, click "Open the Application after it has been imported" and "Import":
After a minute (or so), your Application will launch in the Funder's V1 Loanapp:
You can then click through the application to review/complete - it will be populated with your application data from your V2 application - you may have to add further detail to complete the data for this funder.
Upload the supporting documents from V2
You will also be able to upload the supporting documents that you downloaded from your V2 application. Go to the FILE tab:
And click Supporting Documents:
And then drag& drop, or download your supporting documents you have downloaded from V2 application:
These will then be ready for attaching to the checklist when you get to that stage of the submission.
Finalise the application as you normally would and submit to your Funder 🤩