Mortgage fact find checklist
Checklist template
Check this template against your local regulations and your own policies before you use it.
- Business
- Location
- Date
Fact find
At the first meeting with each client
| Done | Task | Notes | Initials |
|---|---|---|---|
| Goals | |||
| Record the client’s goals, timing and what matters most to them | |||
| Record the property, its price and the purpose of the loan | |||
| Record any changes they expect, such as children or retirement | |||
| Finances | |||
| Record income and employment for each applicant | |||
| Record living expenses and check them against bank statements | |||
| Record every debt, limit and repayment, including credit cards and buy-now-pay-later | |||
| Record assets, savings and the deposit’s source | |||
| Ask about credit history, defaults and any hardship | |||
| Preferences | |||
| Record preferences such as fixed or variable, offset and repayment type | |||
| Explain how you are paid, including commissions | |||
| Record the needs and objectives summary and have the client confirm it | |||
- Completed by
- Checked by (manager)
- Date
- Notes
