NSW - Mortgage

Updated 28 September 2023 01:30

This article will show you how to:

To create a new Mortgage matter, follow the steps below:

Click New Matter from the Home Screen
Select State: NSW
Select Matter Category: Mortgage
Select Matter Type: Mortgage
Select which party you are acting for (Mortgagor or Mortgagee):
Enter the parties, including all relevant details.
Select 'Mortgagee Details' to enter the Australian Credit Licence and Tenancy for each Mortgagee.
Select 'Property Details' to enter the Address, Title References and Estate/Interest of the Security Property.
Select 'Loan Details' to enter the Loan Amount, Loan Term and Loan Account Number.
To add Uncommon Contacts to your matter, open the Matter Settings and select the appropriate contact from the Parties & Data available for your matter.

How to add Third Party Security Provider

If your Mortgage involves third party securities, you should ensure that whoever is providing the security is entered as the Mortgagor
Any Borrowers should be added separately to your matter by opening Matter Settings and selecting Debtor
All Borrowers should be Debtors in this instance and all security providers should be Mortgagors

To complete the National Mortgage Form - NSW, follow the steps below:

Ensure that you have accurately entered in all Property Details and Mortgagee Details on your matter.
For each Mortgagor and Mortgagee that will be executing the National Mortgage Form, you must select the Execution Type from their Contact Card on the VOI/Execution Options tab
If the Legal Representative will be signing on behalf of the Mortgagee, ensure that the 'Where permitted use execution by legal representative on behalf of the company' is ticked
The National Mortgage Form - NSW can be found in the Court & Authority Forms > ARNECC Forms folder
This form is protected, so you will not be able to type on the document after it has been generated. If any data is populating incorrectly, you should use the Smokeball Side Toolbar to update your document.