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Documentation Index

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This occurs when the primary applicant is aged 55 or older at the time of application.

Platform Action

Asks for an exit strategy letter and escalates to credit operations for review.

Credit Operations – Next Steps

  • Confirm the exit strategy is plausible (e.g. downsizing, superannuation, sale of assets)
  • Ensure supporting documentation is attached and meets policy standards

Example Situation

A 58-year-old applicant applies for a 30-year loan term. The platform requests an exit strategy and escalates the application. The applicant provides a letter outlining plans to downsize at age 70 using projected superannuation assets.