1. Do I have to produce a DIP before I can submit a mortgage application?
No, but if you want to produce a DIP Certificate within the online portal, you can progress a successful DIP to an application which will save you from having to key some of your client’s data again. To convert a DIP to an application, select the DIP you’ve created, click on it to open the summary page and select ‘Convert to Application’.
If you want to submit an application for your client without a DIP, you can select ‘Submit an application’ under the New Business section of your online dashboard. Once you have successfully submitted the application, an illustration will be generated automatically, which you can save or print for your client.