Is there a possibility there could be an option to add the "AUCTION DATE" when an application is summited?
There is currently the URGENCY option and then FINANCE OR SETTLEMENT DATE.
Most times clients apply for pre-approval and may be also looking attending an auction for a specific property. The pre-approval is not specific to the property as an "open approval" incase they were unsuccessful but we still need a lender to assess the application prior to Auction Date to confirm if their property is an acceptable security.
I have submitted an URGENT application to Kiwibank with bold highlighted notes right at the top of the diary note and the lenders still missed it.
So the option of an Auction Date may elevate this error.