Click "New" to begin a new loan application in the Application Dashboard.

Click "Start new loan application" to proceed to the loan application form.

You will need to enter your high-level application details in the Setup Page. The Application section allows you to give the submission a title, add a Primary Purpose, and loan amount details:

Next you will add your applicants.

Add all your applicants, and set as Borrowers or Guarantors

When you have completed the Setup Page, Click "Applicants" to complete the full detail for each of your applicants

The first section on the applicants page is the Household, which captures marital status, and the number of adults and dependants in the household

Next you will complete the applicant personal details.

Applicant Employment details will be captured in this section

You will select PAYG, Self-Employed or Not Employed

Then enter the full details of employer and employment income

The Other Details section is important as it establishes applicant consent

As a last step you are able to enter the details of your applicants Identification - at least one document is required, with the Drivers Licence the preferred document

Click "Save" to save the entered applicant information.

Click "Financial position" to enter financial details.

The Move Bank Loanapp includes an integrated illion bankstatements service to request your applicants bank statements and transaction data. This service is optional. There is a full knowledgebase article that has a closer look at this service.

Click "Add" to enter the details of any existing properties owned by your applicants

Link Mortgages

If there is a Mortgage against this property asset, you are able to enter the details here

Click "Done" to complete the loan entry process.

Add any existing savings accounts, including superannuation

Add any other assets such as motor vehicles, home contents

You are able to add any further liabilities such as credit cards

Click "Done" to finish entering financial details.

And finally, add the declared living expenses. Note that the Digital Living Expenses will be populated from the Banking Service, if you use it

Continue to the Loan Page to set the details of your loan

The first section of the Loan and Serviceability page is the security section - where you enter the details of your security property.

Note if this is a refinance, this section will be auto-completed by the data you entered in the Financial Position

Next you will set the Loan Amount, Ownership and purpose for the loan

Then, as you enter the details of your required loan, the Loanapp product selector will filter the matching products for you to select.

Make sure you click any required features like redraw and offset, and then continue to Serviceability section

You will note that Loanapp requires you to complete an existing Move Bank serviceability calculator. Click through to Compliance

Compliance is where you record your applicant understandings of the loan process, reasons for applying,

Add detail as to how they will repay the loan should they retire before paying out

Confirm their preferences which should match the selected product

Add any final notes

Click "Go to Summary page" to review the application summary.

Review your application data and return to loanapp to update anything

Go to the Documents section to generate application forms

Which you can download once generated

Click "Go to Submission page" to finalise the submission.

On the Submission page, click "Generate document checklist" to create a checklist of required documents.

This will take you to the supporting documents module which will list all the required supporting documents to be uploaded to support your submission

Click "Upload" to upload your supporting documents

Your uploaded documents will populate in the Documents Bucket.

You can then drag documents across from the Document Bucket to the checklist requirements on the left

Click "Show All" to see all the required documents, or select a particular document category from the dropdown

Continue to attach documents to your checklist requirements.

Move Bank require you to upload all required documents before submitting your application. If you try to submit before you have completed the checklist, you will get this error message

Go back to the supporting documents module; and upload documents to any outstanding category.

When you are ready, click "Proceed" to submit your application to Move Bank for Assessment

Your submitted application will appear on your Application Dashboard with the status of Application Submitted. You can re-open your Loanapp record from the dashboard, and monitor assessment progress

Remember that you have the Live Chat team to help you whenever you need it

Video Version of this article