Origin Connect allows you to post applications from your own systems into Origin's ecosystem for a final review and then submission into Origin for assessment. This article gives a quick explanation of what to expect.
When you launch Loanapp - data may not be accepted
When you press the 'submit' button in your system, a new url will launch and a new record will be created in Loanapp, populated with your data from your system.
You might get a popup, with reference to data that has not been accepted eg:
If you get this popup, it will mean something in your data was not compatible and could not be populated into your Loanapp record - and this data will be dropped. It will mean that you will need to re-enter this data in Loanapp. Generally, its only small items that will be dropped, and sometimes its even data that isn't even required, and so no impact.
If you would like to see what data has been dropped, you can click the "Show Details", which will list the data. Note it will be quite technical - you can download if you wish and send to your IT team to review and perhaps update your mapping.
Otherwise, you can ignore this popup (and just know that maybe some data has not transferred), and press continue, which will open up Loanapp.
Choose your Journey
Origin has 2 journeys - the Easy Refi; and the Full Loan application. You should choose the relevant journey that you want:
Finalising your Loanapp application
When you choose your journey, your Loanapp will be created with the correct configuration and logic, and it will be mostly complete with your data. You will need to 'click through' each page and:
check the data is correct. You will be able to make any changes you want to
ensure any required data is completed.
As you click on the navigation button at the bottom of each page, it will highlight if anything is missing on the page. eg on the Setup Page:
On the Applicant's page, you should carefully check all the data. If you then click on the navigation button to go to the next page, if anything is missing, you will get a popup telling me something is needed on the page. You can choose to continue to move on; or go back and complete what is needed:
Continue through all the pages in Loanapp; and as you click through you will be able to:
check data, and update; and
be warned that something is missing, and complete
The Pages are:
Applicants - all the details for your applicants, employment etc
Financial Position - all the assets, liabilities, living expenses etc for your application
Loan & Serviceability - all the details for the security property, the loan (and fees), and serviceability
Compliance - the usual compliance questions
Summary, Documents, Submit - presents a summary of your data, allows you to generate Print Forms, allows you to generate the supporting documents checklist, and then submit your loan 😃
Ensure your Product, and Fees are correct
Most important is the Product, Loan Amount and Fees. The fees are important as these will be the fees that are populated on the S4 by Origin. These sections are found on the Loan & Serviceability section:
You will need to make sure you have selected any features for the Product required, especially Offsets:
The Fees section is below the products section, and will be auto-populated with the pre-set fees that are applicable for the product you have chosen. You should check, amend the fees as you need to:
Serviceability
When you've checked all your data, you will be able to generate a serviceability outcome:
Print Forms
The Print Forms section generates all the forms that are required for this submission. Given you have already assessed the deal, you will not need the application form etc (although, you can generate if you wish).
Nevertheless, there are some Print Forms that Origin wants you to generate for a deal: the Application Summary, and Serviceability Result:
You can either "generate All"; or generate individual Print Forms.
All Print Forms will automatically land in supporting documents for you to then use in the checklist
Ordering Digital Services
Origin Connect has digital services integrated, which you can use (if you wish)
All of these can be triggered by you if you would like to use any of them - given you have probably already completed these functions they may not be used by you.
Submit flow
When you have done a full check of your application data, you will get to the submit page. Here, if there is anything that you have missed as you checked each page, it will be listed here. You will need to go back and finalise this data:
If you happen to get an error here and can't actually find the issue, please hit up live chat for some help.
Finalise your Supporting Documents
The final step, before submitting to Origin, will be to generate your supporting documents checklist and attach your documents to be sent to Origin. To do this, click the "Generate Document Checklist".
This will open a new URL with the supporting documents checklist.
For a full run-through of supporting documents functionality, click here.
If your integration includes the submit of supporting documents, your documents should be waiting for you on the right hand panel.
If not, you will need to upload documents:
Once uploaded, you will need to drag and drop documents across to the checklist.
At least all the mandatory documents must be attached in order for you to be able to successfully submit to Origin:
Submit to Origin
The final step, when you have checked/updated the data and the supporting documents, is to submit the application to Origin. To do this, go back to Loanapp, and press "Submit":
👍 You will get a 'thumbs up" - your application will have been received by Origin for assessment.