| LoanDetails | Information about an individual credit facility that is being applied for including but not limited to: term loans; revolving credit facilities; overdrafts; credit cards; equipment finance; commercial bills; margin loans; personal loans; and reverse mortgages | object | Package.Content.Application.LoanDetails | | | |
| FeaturesSelected | Contains information about the product features requested by the applicant | object | Package.Content.Application.LoanDetails.FeaturesSelected | | | |
| @Redraw | Indicates whether the applicant requests that the loan product permit the redraw of loan principal that has been repaid in advance of the amortisation schedule for the loan | string | Package.Content.Application.LoanDetails.FeaturesSelected.Redraw | | Yes, No | |
| @Offset | Indicates whether the applicant requests that a 100% offset account facility be established for the loan account | string | Package.Content.Application.Content.Application.LoanDetails.FeaturesSelected.Offset | | Yes, No | |
| LendingPurpose | Details of the purpose for which the applicant intends to use the loan funds | object | Package.Content.Application.LoanDetails.LendingPurpose | | | |
| @PurposeAmount | The amount of the loan funds that will be used for the specified purpose | number | Package.Content.Application.LoanDetails.LendingPurpose.PurposeAmount | | | |
| @PurposeOfFunds | The purpose for which the loan funds will be used | string | Package.Content.Application.LoanDetails.LendingPurpose.PurposeOfFunds | | Debt Consolidation, EECA Energy Efficiency Funding, Fix Leaky Home, Fix Natural Disaster Affected Home, Holiday/Travel, Other Purpose, Purchase of Dwelling, Purchase Vehicle, Refinance of Liabilities with Current Lender, Refinance of Liabilities with Other Lenders | |
| @RefinancingReason | Borrowers should inform the lender of the reason for refinancing liabilities | string | Package.Content.Application.LoanDetails.LendingPurpose.RefinancingReason | | Consolidating or Restructuring Finances, Convenience / Flexibility, Dissatisfaction with Service at Current Lender, More Competitive Pricing, Specific Product or Feature | |
| @UniqueID | Unique Identifier for this Lending Purpose Element | string | Package.Content.Application.LoanDetails.LendingPurpose.UniqueID | | | |
| @ABSLendingPurposeCode | Captures the free text description of the ABS Lending Purpose Code | string | Package.Content.Application.LoanDetails.LendingPurpose.ABSLendingPurposeCode | | | |
| ProposedRepayment | Contains information that specifies how the borrower(s) intend to make regular or structured repayments | object | Package.Content.Application.LoanDetails.ProposedRepayment | | | |
| @Method | The payment method that will be used to effect the transfer of repayments on the loan to the lender. Examples include salary sacrifice, direct debit and BPAY | string | Package.Content.Application.LoanDetails.ProposedRepayment.Method | | Direct Debit Existing Account | |
| RegularRepayment | Container element for information associated with regular repayments | object | Package.Content.Application.LoanDetails.ProposedRepayment.RegularRepayment | | | |
| @Amount | Preferred or nominated total regular repayment amount (incorporating any GST or Stamp Duty in the case of Equipment Finance Transactions) | number | Package.Content.Application.LoanDetailsProposedRepayment.RegularRepayment.Amount | | | |
| @Frequency | Captures the applicants' preferred period for making loan repayments for the loan account. Captured when the loan product selected offers a range of repayment periods, enabling the applicant to nominate a period which best suits their needs in terms of income and the desire to reduce interest over the life of the loan by accelerating the reduction of the principal balance | string | Package.Content.Application.LoanDetails.ProposedRepayment.RegularRepayment.Frequency | | Weekly, Fortnightly, Monthly | |
| LoanPurpose | Contains information about the main purpose for which the applicant intends to use the loan funds | object | Package.Content.Application.LoanDetails.LoanPurpose | | | |
| @PrimaryPurpose | Captures the primary purpose for which the loan funds will be used by the applicant. Categories reflect the categories used in classifying a loan as regulated or unregulated under the NCCP | string | Package.Content.Application.LoanDetails.LoanPurpose.PrimaryPurpose | | Investment Non Residential, Investment Residential, Owner Occupied | |
| Term | Details of the total term of the credit product and any introductory terms, such as an interest only term (including interest only reasons) or a fixed rate term that applies for an initial period at the start of the product | object | Package.Content.Application.LoanDetails.Term | | | |
| InterestOnlyReason | The applicants' reasons for applying for an interest-only term within this loan | object | Package.Content.Application.LoanDetails.Term.InterestOnlyReason | | | |
| @Description | A free-text description provided by the applicant/s that provides further detail regarding this reason for applying for an interest-only term within this loan | string | Package.Content.Application.LoanDetails.Term.InterestOnlyReason.Description | | | |
| @Reason | The reason that the applicant is applying for an interest-only term within this loan | string | Package.Content.Application.LoanDetails.Term.InterestOnlyReason.Reason | | Create funds for investment purposes, Large non-recurring expenses, Maximise cash flow, Other reason, Plan to convert to investment property, Principal reductions in an offset facility, "Taxation, financial or accounting reasons", Temporary reduction in income, Variable income | |
| @UniqueID | Unique Identifier for this interest-only reason | string | Package.Content.Application.LoanDetails.Term.InterestOnlyReason.UniqueID | | | |
| @InterestType | Captures the type of interest that is to be paid during the specified term | string | Package.Content.Application.LoanDetails.Term.InterestType | Yes | Fixed Rate, Variable | |
| @InterestTypeDuration | The duration of the fixed interest rate period, as a whole number multiple of the Units | integer | Package.Content.Application.LoanDetails.Term.InterestTypeDuration | Yes | | Mandatory if Interest Type is Fixed Rate OR Payment Type is Interest Only and Interest Type is Fixed Rate |
| @InterestTypeUnits | The units of time that are used to define the duration of the fixed interest rate period | string | Package.Content.Application.LoanDetails.Term.InterestTypeUnits | Yes, mandatory if Payment Type is Interest Only and Interest Type is Fixed Rate | Days, Months, Weeks, Years | |
| @PaymentType | Captures the type of repayment that is to be made during the specified term | string | Package.Content.Application.LoanDetails.Term.PaymentType | Yes | Principal and Interest, Interest Only | |
| @PaymentTypeDuration | The duration of the interest only period, as a whole number multiple of the Units | integer | Package.Content.Application.LoanDetails.Term.PaymentTypeDuration | | | |
| @PaymentTypeUnits | The units of time that are used to define the duration of the interest only period | string | Package.Content.Application.LoanDetails.Term.PaymentTypeUnits | Yes | Years | Mandatory if Payment Type is Interest Only, and Interest Type is Fixed Rate |
| @TotalTermDuration | The Duration of the specified loan term, as a multiple of the Units | integer | Package.Content.Application.LoanDetails.Term.TotalTermDuration | Yes | | |
| @TotalTermType | The type of loan term should indicate that the loan term is either the total length of the term or the amortised term as required by the lender | string | Package.Content.Application.LoanDetails.Term.TotalTermType | | | |
| @TotalTermUnits | Captures the period described by the number specified for term | string | Package.Content.Application.LoanDetails.Term.TotalTermUnits | Yes | Years | |
| @AmountRequested | Captures the loan amount as requested by the applicant for this loan account, exclusive of to-be-capitalised fees and/or LMI | string | Package.Content.Application.LoanDetails.AmountRequested | Yes | | |
| @EstimatedSettlementDate | Captures the date that the applicant estimates that the application will settle | string | Package.Content.Application.LoanDetails.EstimatedSettlementDate | Yes | | |
| @LoanType | The type of credit facility | string | Package.Content.Application.LoanDetails.LoanType | Yes | Mortgage Loan | |
| @MainProduct | Where a lender requires that the applicant nominate one loan account/product as being the primary or main account within a package or portfolio or accounts, indicates whether this is the main account | string | Package.Content.Application.LoanDetails.MainProduct | Yes | Yes, No | |
| @OriginatorReferenceID | Unique identifier assigned to the loan detail by the originator system | string | Package.Content.Application.LoanDetails.OriginatorReferenceID | | | |
| @ProductCode | Captures an identifying code for the loan product applied for. This code is typically issued by the lender and enables the lender's systems to uniquely identify the product | string | Package.Content.Application.LoanDetails.ProductCode | | | |
| @ProductName | Captures the name of the loan product applied for | string | Package.Content.Application.LoanDetails.ProductName | | | |
| @ProposedAnnualInterestRate | The interest rate that applies to the loan account. Typically expressed as an annual interest rate | number | Package.Content.Application.LoanDetails.ProposedAnnualInterestRate | | | |
| @SequenceNumber | The order of this loan details within the sequence | string | Package.Content.Application.LoanDetails.SequenceNumber | | | |
| @UniqueID | System assigned unique identifier | string | Package.Content.Application.LoanDetails.UniqueID | Yes | |