# Loan Product Advisor (LPA)

| Loan Product Advisor (LPA) |                                                                                                                                                                                                                             |
| -------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| How Does It Work           | <ul><li>All applicable information collected in the borrower application is sent to LPA for review</li><li>LPA returns findings which are displayed in the Lender Hub as well as a PDF report of the LPA decision</li></ul> |
| Borrower Hub Integration   | The LPA integration does not display in the Borrower Hub                                                                                                                                                                    |
| Lender Hub Integration     | <ul><li>Located in the AUS subsection of the <em>Services</em> tab</li><li>Allows Loan Officers to view LPA results, and run additional LPA reviews</li></ul>                                                               |

## Criteria for LPA to Run Successfully

1. A current employer must be present on the loan file
2. The answer to the first declaration, "*Do you intend to occupy the property as your primary residence*?" must match the occupancy type from the application. If the borrower indicated the subject property will be their primary residence, this must be a yes, and if they indicate it will not be their primary residence, this must be a no.
3. A loan program must be selected in Loan Pricer - This can be done in the Borrower Hub on the "*Loan Options*" task (if present in your flow), or in the Lender Hub in the "*Loan Pricer*" tab
4. Once all the above has been completed, LPA can be run successfully&#x20;

{% hint style="info" %}
&#x20;A manual data entry field can be added upon request for the monthly expense (principal plus interested) of the proposed loan. This fields can be filled out in lieu of selecting a loan in loan pricer.&#x20;
{% endhint %}