Which lenders require a TPA?
Below is a table of lenders that require TPAs (Third Party Authority):
| Lenders | Wet signature | Docu-sign | Requirements | Process |
| ING | | TRUE | TPA required with every reprice | Sherlok manages the process from start to finish. All the broker needs to do is forward the lender response to reprice@sherlok.com.au and they need to make sure their portal credentials are valid. |
| Suncorp |
TRUE | | TPA required one off, attached to the life of loan with broker details. TPA is also required for loan information. | NON Gold Brokers -Sherlok emails template to broker to forward pricing request to their BDM requesting the pricing review. Broker forwards their response to reprice@sherlok.com.au. GOLD Brokers- pricing request is completed via the Suncorp Portal. Broker forwards lender response, Sherlok instructs Suncorp to apply the rate. |
| Beyond Bank | | TRUE | | Sherlok attaches the signed TPA to a email template and forwards to the broker to send to brokerloans@beyondbank.com.au. & CC reprice@sherlok.com.au |
| AMP | TRUE | | | Sherlok attaches the signed TPA to a email template and forwards to the broker to send to retention@amp.com.au. & CC reprice@sherlok.com.au and AMP BDM |
| Liberty | TRUE | | | Sherlok attaches the signed TPA to a email template and forwards to the broker to send to retention@liberty.com.au & CC reprice@sherlok.com.au
|
Please be aware that both parties will need to provide signatures.
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