With the updated Compliance Workflow, products must be applied to an Opportunity before generating the Credit Proposal Disclosure document.
To populate the Credit Proposal Disclosure correctly, you must:
Create a Product Comparison
Select the relevant product or package/product split
Apply it to the Opportunity
Products cannot be applied directly without first being added to a Product Comparison.
Add products to a Product Comparison
Adding and comparing single products
To add and compare single products:
Open the relevant Opportunity.
Select Calculations from the left-hand menu.
Click + Add and select Product Comparison.
Select the products you want to compare.
Click Choose Products.
Adding and comparing product splits and packages
To create and compare product splits or packages:
Open the relevant Opportunity.
Select Calculations.
Click + Add and select Product Comparison.
Select the products you want included in the split/package.
Click Create Package.
This creates a single package where you can allocate split amounts to each product.
If you want to compare multiple product split options:
Repeat the process for each package or split structure.
Apply products to the Opportunity
After creating your Product Comparison:
Open the Product Comparison.
Select the product or package/product split you wish to proceed with.
Click Apply Product to Opportunity.
The selected product details will be applied to the Opportunity and automatically populate the Credit Proposal Disclosure document.
Important note about interest rates and loan terms
Important
Any changes made to the interest rate or loan term within the Product Comparison will not transfer to the Product section of the Opportunity.
Mercury applies the product or product split using the lender’s default values.
Always verify product details within the Opportunity after applying.
Best practice tips
Review all compared products before applying.
Confirm loan amounts align with split allocations.
Double-check product defaults once applied.
Ensure the Credit Proposal Disclosure reflects the correct product selection prior to sending to the client.
Need help?
If you need help creating Product Comparisons or applying products to an Opportunity, contact your Partnership Manager or email [email protected].